QUAD / GRAPHICS INC

Ticker: QUAD CUSIP: 747301109 Class: COM CL A

LANDSCAPE CAPITAL MANAGEMENT, L.L.C.'s Holding History (CIK: 0001536186)

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

Q4 2015

Shares 25,915 Value ($000) $241 Avg Close $10.76 Range $8.44 - $13.53

Q1 2015

Shares 18,426 Value ($000) $423 Avg Close $22.14 Range $20.01 - $24.13

Q4 2013

Shares 10,600 Value ($000) $289 Avg Close $28.34 Range $23.76 - $36.89

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	25,915	$241	$10.76	$8.44 - $13.53
Q1 2015	18,426	$423	$22.14	$20.01 - $24.13
Q4 2013	10,600	$289	$28.34	$23.76 - $36.89