NATURAL GROCERS BY VITAMIN C

Ticker: NGVC CUSIP: 63888U108 Class: Common Stock

GILDER GAGNON HOWE & CO LLC's Holding History (CIK: 0000902464)

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

Q2 2014

Shares 191,250 Value ($000) $4,095 Avg Close $19.64 Range $13.54 - $31.45

Q1 2014

Shares 873,235 Value ($000) $38,125 Avg Close $29.12 Range $23.95 - $31.88

Q4 2013

Shares 889,383 Value ($000) $37,754 Avg Close $27.51 Range $24.64 - $30.50

Q3 2013

Shares 899,069 Value ($000) $35,693 Avg Close $26.14 Range $20.90 - $30.63

Q2 2013

Shares 893,935 Value ($000) $27,711,985 Avg Close $19.35 Range $15.01 - $24.54

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	191,250	$4,095	$19.64	$13.54 - $31.45
Q1 2014	873,235	$38,125	$29.12	$23.95 - $31.88
Q4 2013	889,383	$37,754	$27.51	$24.64 - $30.50
Q3 2013	899,069	$35,693	$26.14	$20.90 - $30.63
Q2 2013	893,935	$27,711,985	$19.35	$15.01 - $24.54