CAPELLA EDUCATION COMPANY

CUSIP: 139594105 Class: COM

Crystal Rock Capital Management's Holding History (CIK: 0001510668)

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

Q4 2015
Shares 59,463 Value ($000) $2,748 Avg Close — Range —
Q3 2015
Shares 66,463 Value ($000) $3,291 Avg Close — Range —
Q2 2015
Shares 66,463 Value ($000) $3,567 Avg Close — Range —
Q1 2015
Shares 63,787 Value ($000) $4,139 Avg Close — Range —
Q4 2014
Shares 63,787 Value ($000) $4,909 Avg Close — Range —
Q3 2014
Shares 72,903 Value ($000) $4,564 Avg Close — Range —
Q2 2014
Shares 72,788 Value ($000) $3,959 Avg Close — Range —
Q1 2014
Shares 101,508 Value ($000) $6,410 Avg Close — Range —
Q4 2013
Shares 100,100 Value ($000) $6,651 Avg Close — Range —
Q3 2013
Shares 106,400 Value ($000) $6,018 Avg Close — Range —
Q2 2013
Shares 94,160 Value ($000) $3,922 Avg Close — Range —