QAD INC

CUSIP: 74727D207 Class: Common

Nantahala Capital Management, LLC's Holding History (CIK: 0001472322)

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

Q2 2016
Shares 245,765 Value ($000) $4,252 Avg Close — Range —
Q1 2016
Shares 245,765 Value ($000) $4,355 Avg Close — Range —
Q4 2015
Shares 258,737 Value ($000) $4,761 Avg Close — Range —
Q3 2015
Shares 251,237 Value ($000) $5,389 Avg Close — Range —
Q2 2015
Shares 200,096 Value ($000) $4,212 Avg Close — Range —
Q1 2015
Shares 196,476 Value ($000) $3,930 Avg Close — Range —
Q4 2014
Shares 192,240 Value ($000) $3,614 Avg Close — Range —
Q3 2014
Shares 183,484 Value ($000) $2,884 Avg Close — Range —
Q2 2014
Shares 182,671 Value ($000) $3,315 Avg Close — Range —
Q1 2014
Shares 176,511 Value ($000) $3,002 Avg Close — Range —
Q4 2013
Shares 174,310 Value ($000) $2,791 Avg Close — Range —