NATIONAL HEALTHCARE CORP

Ticker: NHC CUSIP: 635906100 Class: Common Stock

LANDSCAPE CAPITAL MANAGEMENT, L.L.C.'s Holding History (CIK: 0001536186)

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

Q3 2015

Shares 3,694 Value ($000) $225 Avg Close $62.59 Range $58.98 - $66.50

Q2 2015

Shares 3,536 Value ($000) $230 Avg Close $63.47 Range $60.30 - $66.42

Q1 2015

Shares 4,500 Value ($000) $287 Avg Close $63.50 Range $60.70 - $66.00

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	3,694	$225	$62.59	$58.98 - $66.50
Q2 2015	3,536	$230	$63.47	$60.30 - $66.42
Q1 2015	4,500	$287	$63.50	$60.70 - $66.00