INSTALLED BLDG PRODS INC

Ticker: IBP CUSIP: 45780R101 Class: EQTY

SHEPHERD KAPLAN KROCHUK, LLC's Holding History (CIK: 0001218583)

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

Q3 2015

Shares 19,270 Value ($000) $487 Avg Close $24.87 Range $22.06 - $27.62

Q2 2015

Shares 36,000 Value ($000) $881 Avg Close $20.77 Range $17.84 - $22.76

Q1 2015

Shares 50,000 Value ($000) $1,088 Avg Close $17.44 Range $15.56 - $20.37

Q4 2014

Shares 60,000 Value ($000) $1,069 Avg Close $14.83 Range $12.69 - $17.41

Q3 2014

Shares 60,000 Value ($000) $843 Avg Close $11.81 Range $9.97 - $13.48

Q2 2014

Shares 53,838 Value ($000) $660 Avg Close $12.27 Range $10.83 - $13.56

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	19,270	$487	$24.87	$22.06 - $27.62
Q2 2015	36,000	$881	$20.77	$17.84 - $22.76
Q1 2015	50,000	$1,088	$17.44	$15.56 - $20.37
Q4 2014	60,000	$1,069	$14.83	$12.69 - $17.41
Q3 2014	60,000	$843	$11.81	$9.97 - $13.48
Q2 2014	53,838	$660	$12.27	$10.83 - $13.56