DONALDSON INC

Ticker: DCI CUSIP: 257651109 Class: EQTY

SANDLER CAPITAL MANAGEMENT's Holding History (CIK: 0001000742)

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

Q1 2017

Shares 176,028 Value ($000) $8,013 Avg Close $37.57 Range $35.75 - $41.47

Q4 2016

Shares 105,020 Value ($000) $4,419 Avg Close $34.27 Range $30.93 - $39.93

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2017	176,028	$8,013	$37.57	$35.75 - $41.47
Q4 2016	105,020	$4,419	$34.27	$30.93 - $39.93