HARLEY DAVIDSON INC

Ticker: HOG CUSIP: 412822108 Class: COM

Cutler Capital Management, LLC's Holding History (CIK: 0001353098)

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

Q3 2016

Shares 2,000 Value ($000) $105 Avg Close $51.71 Range $45.34 - $57.33

Q2 2016

Shares 4,000 Value ($000) $181 Avg Close $46.04 Range $41.63 - $52.00

Q1 2016

Shares 3,000 Value ($000) $154 Avg Close $43.64 Range $36.36 - $51.54

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	2,000	$105	$51.71	$45.34 - $57.33
Q2 2016	4,000	$181	$46.04	$41.63 - $52.00
Q1 2016	3,000	$154	$43.64	$36.36 - $51.54