SOUTHERN FIRST BANCSHARES

Ticker: SFST CUSIP: 842873101 Class: Common Stock

RAMSEY QUANTITATIVE SYSTEMS's Holding History (CIK: 0001132897)

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

Q4 2018

Shares 1,489 Value ($000) $48 Avg Close $35.80 Range $27.33 - $40.13

Q3 2018

Shares 1,185 Value ($000) $47 Avg Close $43.10 Range $38.25 - $47.20

Q2 2018

Shares 210 Value ($000) $9 Avg Close $46.49 Range $43.85 - $48.75

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	1,489	$48	$35.80	$27.33 - $40.13
Q3 2018	1,185	$47	$43.10	$38.25 - $47.20
Q2 2018	210	$9	$46.49	$43.85 - $48.75