DOUGLAS DYNAMICS INC

Ticker: PLOW CUSIP: 25960R105 Class: Common Stock

HOWE & RUSLING INC's Holding History (CIK: 0000769963)

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

Q4 2016

Shares 515 Value ($000) $17 Avg Close $31.78 Range $25.23 - $34.75

Q3 2016

Shares 515 Value ($000) $16 Avg Close $29.94 Range $24.05 - $32.80

Q2 2016

Shares 515 Value ($000) $13 Avg Close $22.47 Range $20.00 - $25.74

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	515	$17	$31.78	$25.23 - $34.75
Q3 2016	515	$16	$29.94	$24.05 - $32.80
Q2 2016	515	$13	$22.47	$20.00 - $25.74