NATIONAL GEN HLDGS CORP

CUSIP: 636220303 Class: COM

DELPHI MANAGEMENT INC /MA/'s Holding History (CIK: 0000767684)

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

Q4 2016
Shares 78,314 Value ($000) $1,957 Avg Close — Range —
Q3 2016
Shares 78,154 Value ($000) $1,738 Avg Close — Range —
Q4 2015
Shares 4,170 Value ($000) $91 Avg Close — Range —