STATE NATL COS INC

CUSIP: 85711T305 Class: COM

Indaba Capital Management, L.P.'s Holding History (CIK: 0001524362)

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

Q3 2015
Shares 2,303,714 Value ($000) $21,540 Avg Close — Range —
Q2 2015
Shares 2,325,506 Value ($000) $25,185 Avg Close — Range —
Q1 2015
Shares 2,325,506 Value ($000) $23,139 Avg Close — Range —
Q4 2014
Shares 2,322,796 Value ($000) $27,827 Avg Close — Range —