NICHOLAS FINANCIAL INC

CUSIP: 65373J209 Class: COM

Cutler Capital Management, LLC's Holding History (CIK: 0001353098)

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

Q1 2016
Shares 12,000 Value ($000) $129 Avg Close — Range —
Q4 2015
Shares 12,000 Value ($000) $139 Avg Close — Range —
Q3 2015
Shares 12,000 Value ($000) $156 Avg Close — Range —
Q2 2015
Shares 13,500 Value ($000) $172 Avg Close — Range —
Q1 2015
Shares 15,000 Value ($000) $210 Avg Close — Range —
Q4 2014
Shares 18,000 Value ($000) $268 Avg Close — Range —
Q3 2014
Shares 20,000 Value ($000) $231 Avg Close — Range —
Q2 2014
Shares 20,000 Value ($000) $287 Avg Close — Range —
Q1 2014
Shares 20,000 Value ($000) $315 Avg Close — Range —
Q4 2013
Shares 36,900 Value ($000) $581 Avg Close — Range —
Q3 2013
Shares 36,900 Value ($000) $601 Avg Close — Range —
Q2 2013
Shares 36,900 Value ($000) $558 Avg Close — Range —