DOUGLAS DYNAMICS INC

Ticker: PLOW CUSIP: 25960R105 Class: Common Stock

AFFINITY INVESTMENT ADVISORS, LLC's Holding History (CIK: 0001520601)

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

Q3 2016

Shares 8,638 Value ($000) $276 Avg Close $29.94 Range $24.05 - $32.80

Q2 2016

Shares 10,298 Value ($000) $265 Avg Close $22.47 Range $20.00 - $25.74

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	8,638	$276	$29.94	$24.05 - $32.80
Q2 2016	10,298	$265	$22.47	$20.00 - $25.74