QAD INC

CUSIP: 74727D207 Class: Common

Ground Swell Capital, LLC's Holding History (CIK: 0001534450)

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

Q3 2014
Shares 500 Value ($000) $8 Avg Close — Range —
Q2 2014
Shares 600 Value ($000) $11 Avg Close — Range —