HERITAGE COMMERCE CORP

Ticker: HTBK CUSIP: 426927109 Class: Common Stock

Penn Capital Management Company, LLC's Holding History (CIK: 0001158202)

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

Q4 2018

Shares 64,008 Value ($000) $726 Avg Close $13.88 Range $10.84 - $15.78

Q3 2018

Shares 95,285 Value ($000) $1,422 Avg Close $15.83 Range $14.25 - $17.47

Q2 2018

Shares 172,785 Value ($000) $2,936 Avg Close $16.97 Range $16.00 - $18.10

Q1 2018

Shares 172,895 Value ($000) $2,849 Avg Close $16.19 Range $14.83 - $17.28

Q4 2017

Shares 249,780 Value ($000) $3,827 Avg Close $15.22 Range $14.00 - $16.63

Q3 2017

Shares 252,210 Value ($000) $3,589 Avg Close $13.70 Range $12.76 - $14.35

Q2 2017

Shares 220,836 Value ($000) $3,043 Avg Close $13.85 Range $12.83 - $14.87

Q1 2017

Shares 112,522 Value ($000) $1,587 Avg Close $14.03 Range $12.86 - $14.70

Q4 2016

Shares 538,113 Value ($000) $7,765 Avg Close $12.15 Range $10.23 - $14.55

Q3 2016

Shares 185,551 Value ($000) $2,030 Avg Close $11.07 Range $10.13 - $12.00

Q2 2016

Shares 169,751 Value ($000) $1,787 Avg Close $10.44 Range $9.76 - $11.04

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	64,008	$726	$13.88	$10.84 - $15.78
Q3 2018	95,285	$1,422	$15.83	$14.25 - $17.47
Q2 2018	172,785	$2,936	$16.97	$16.00 - $18.10
Q1 2018	172,895	$2,849	$16.19	$14.83 - $17.28
Q4 2017	249,780	$3,827	$15.22	$14.00 - $16.63
Q3 2017	252,210	$3,589	$13.70	$12.76 - $14.35
Q2 2017	220,836	$3,043	$13.85	$12.83 - $14.87
Q1 2017	112,522	$1,587	$14.03	$12.86 - $14.70
Q4 2016	538,113	$7,765	$12.15	$10.23 - $14.55
Q3 2016	185,551	$2,030	$11.07	$10.13 - $12.00
Q2 2016	169,751	$1,787	$10.44	$9.76 - $11.04