QUAD / GRAPHICS INC

Ticker: QUAD CUSIP: 747301109 Class: COM CL A

OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AM's Holding History (CIK: 0001132716)

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

Q4 2018

Shares 118,493 Value ($000) $1,459,000 Avg Close $16.13 Range $11.56 - $21.08

Q1 2015

Shares 16,944 Value ($000) $389,000 Avg Close $22.14 Range $20.01 - $24.13

Q4 2014

Shares 15,542 Value ($000) $357,000 Avg Close $21.11 Range $18.11 - $23.50

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	118,493	$1,459,000	$16.13	$11.56 - $21.08
Q1 2015	16,944	$389,000	$22.14	$20.01 - $24.13
Q4 2014	15,542	$357,000	$21.11	$18.11 - $23.50