PACKAGING CORP AMER

Ticker: PKG CUSIP: 695156109 Class: COM

ALPINE WOODS CAPITAL INVESTORS, LLC's Holding History (CIK: 0001226886)

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

Q4 2015

Shares 102,000 Value ($000) $6,431 Avg Close $48.62 Range $43.88 - $51.62

Q3 2015

Shares 173,500 Value ($000) $10,438 Avg Close $48.88 Range $42.96 - $53.79

Q2 2015

Shares 149,000 Value ($000) $9,311 Avg Close $51.10 Range $45.67 - $57.26

Q1 2015

Shares 114,500 Value ($000) $8,953 Avg Close $57.22 Range $52.57 - $61.10

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	102,000	$6,431	$48.62	$43.88 - $51.62
Q3 2015	173,500	$10,438	$48.88	$42.96 - $53.79
Q2 2015	149,000	$9,311	$51.10	$45.67 - $57.26
Q1 2015	114,500	$8,953	$57.22	$52.57 - $61.10