DOUGLAS DYNAMICS INC

Ticker: PLOW CUSIP: 25960R105 Class: Common Stock

GILDER GAGNON HOWE & CO LLC's Holding History (CIK: 0000902464)

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

Q1 2015

Shares 87,069 Value ($000) $1,989 Avg Close $21.63 Range $18.68 - $23.86

Q4 2014

Shares 151,816 Value ($000) $3,253 Avg Close $21.46 Range $18.40 - $24.90

Q3 2014

Shares 183,011 Value ($000) $3,569 Avg Close $18.78 Range $16.43 - $21.21

Q2 2014

Shares 185,231 Value ($000) $3,264 Avg Close $17.36 Range $16.45 - $18.28

Q1 2014

Shares 185,856 Value ($000) $3,238 Avg Close $16.20 Range $14.12 - $18.55

Q4 2013

Shares 245,995 Value ($000) $4,138 Avg Close $15.61 Range $14.41 - $17.45

Q2 2013

Shares 374,821 Value ($000) $4,865,177 Avg Close $13.71 Range $12.72 - $14.55

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	87,069	$1,989	$21.63	$18.68 - $23.86
Q4 2014	151,816	$3,253	$21.46	$18.40 - $24.90
Q3 2014	183,011	$3,569	$18.78	$16.43 - $21.21
Q2 2014	185,231	$3,264	$17.36	$16.45 - $18.28
Q1 2014	185,856	$3,238	$16.20	$14.12 - $18.55
Q4 2013	245,995	$4,138	$15.61	$14.41 - $17.45
Q2 2013	374,821	$4,865,177	$13.71	$12.72 - $14.55