NATURAL GROCERS BY VITAMIN C

Ticker: NGVC CUSIP: 63888U108 Class: Common Stock

KORNITZER CAPITAL MANAGEMENT INC /KS's Holding History (CIK: 0000898358)

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

Q3 2016

Shares 47,000 Value ($000) $525 Avg Close $8.83 Range $7.60 - $10.16

Q2 2016

Shares 70,500 Value ($000) $920 Avg Close $10.55 Range $8.78 - $15.70

Q1 2016

Shares 35,400 Value ($000) $753 Avg Close $14.39 Range $11.86 - $16.03

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	47,000	$525	$8.83	$7.60 - $10.16
Q2 2016	70,500	$920	$10.55	$8.78 - $15.70
Q1 2016	35,400	$753	$14.39	$11.86 - $16.03