MODEL N INC

CUSIP: 607525102 Class: Common Stock

WESTERLY CAPITAL MANAGEMENT, LLC's Holding History (CIK: 0001546172)

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

Q3 2015
Shares 180,600 Value ($000) $1,808 Avg Close — Range —
Q2 2015
Shares 200,000 Value ($000) $2,382 Avg Close — Range —
Q1 2015
Shares 225,000 Value ($000) $2,691 Avg Close — Range —
Q4 2014
Shares 254,800 Value ($000) $2,706 Avg Close — Range —