CAPELLA EDUCATION COMPANY

CUSIP: 139594105 Class: COM

DISCIPLINED GROWTH INVESTORS INC /MN's Holding History (CIK: 0001050442)

Note: Option positions (PUT/CALL) are excluded.

Q2 2018
Shares 138,210 Value ($000) $13,641 Avg Close — Range —
Q1 2018
Shares 138,476 Value ($000) $12,096 Avg Close — Range —
Q4 2017
Shares 138,317 Value ($000) $10,706 Avg Close — Range —
Q3 2017
Shares 139,926 Value ($000) $9,816 Avg Close — Range —
Q2 2017
Shares 146,951 Value ($000) $12,579 Avg Close — Range —
Q1 2017
Shares 146,700 Value ($000) $12,473 Avg Close — Range —
Q4 2016
Shares 147,175 Value ($000) $12,922 Avg Close — Range —
Q3 2016
Shares 135,725 Value ($000) $7,877 Avg Close — Range —
Q2 2016
Shares 137,850 Value ($000) $7,256 Avg Close — Range —
Q1 2016
Shares 139,575 Value ($000) $7,347 Avg Close — Range —
Q4 2015
Shares 140,050 Value ($000) $6,473 Avg Close — Range —
Q3 2015
Shares 140,775 Value ($000) $6,971 Avg Close — Range —
Q2 2015
Shares 79,250 Value ($000) $4,253 Avg Close — Range —
Q1 2015
Shares 79,050 Value ($000) $5,129 Avg Close — Range —
Q4 2014
Shares 78,650 Value ($000) $6,053 Avg Close — Range —
Q3 2014
Shares 82,475 Value ($000) $5,163 Avg Close — Range —
Q2 2014
Shares 82,825 Value ($000) $4,505 Avg Close — Range —
Q1 2014
Shares 94,700 Value ($000) $5,980 Avg Close — Range —
Q4 2013
Shares 97,650 Value ($000) $6,488 Avg Close — Range —
Q3 2013
Shares 101,825 Value ($000) $5,759 Avg Close — Range —
Q2 2013
Shares 102,525 Value ($000) $4,270 Avg Close — Range —