NATURAL GROCERS BY VITAMIN C

Ticker: NGVC CUSIP: 63888U108 Class: Common Stock

Pier Capital, LLC's Holding History (CIK: 0001310051)

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

Q1 2014

Shares 175,690 Value ($000) $7,671 Avg Close $29.12 Range $23.95 - $31.88

Q4 2013

Shares 178,829 Value ($000) $7,591 Avg Close $27.51 Range $24.64 - $30.50

Q3 2013

Shares 82,658 Value ($000) $3,282 Avg Close $26.14 Range $20.90 - $30.63

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	175,690	$7,671	$29.12	$23.95 - $31.88
Q4 2013	178,829	$7,591	$27.51	$24.64 - $30.50
Q3 2013	82,658	$3,282	$26.14	$20.90 - $30.63