QUAD / GRAPHICS INC

Ticker: QUAD CUSIP: 747301109 Class: COM CL A

THOMPSON DAVIS & CO., INC.'s Holding History (CIK: 0001017284)

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

Q2 2017

Shares 125 Value ($000) $3 Avg Close $23.80 Range $21.54 - $29.04

Q1 2017

Shares 125 Value ($000) $3 Avg Close $25.63 Range $21.33 - $28.40

Q4 2016

Shares 125 Value ($000) $3 Avg Close $25.88 Range $22.76 - $28.64

Q2 2016

Shares 250 Value ($000) $6 Avg Close $16.96 Range $11.83 - $23.29

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2017	125	$3	$23.80	$21.54 - $29.04
Q1 2017	125	$3	$25.63	$21.33 - $28.40
Q4 2016	125	$3	$25.88	$22.76 - $28.64
Q2 2016	250	$6	$16.96	$11.83 - $23.29