TANDY LEATHER FACTORY INC

Ticker: TLF CUSIP: 87538X105 Class: COM

SHEPHERD KAPLAN KROCHUK, LLC's Holding History (CIK: 0001218583)

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

Q3 2018

Shares 17,500 Value ($000) $129 Avg Close $7.65 Range $7.35 - $8.05

Q2 2018

Shares 15,500 Value ($000) $121 Avg Close $7.53 Range $6.95 - $8.00

Q1 2018

Shares 11,000 Value ($000) $78 Avg Close $7.38 Range $6.79 - $8.40

Q4 2013

Shares 26,882 Value ($000) $262 Avg Close $8.43 Range $7.76 - $10.00

Q3 2013

Shares 31,995 Value ($000) $252 Avg Close $8.43 Range $7.53 - $9.20

Q2 2013

Shares 44,395 Value ($000) $345 Avg Close $7.40 Range $6.76 - $8.50

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	17,500	$129	$7.65	$7.35 - $8.05
Q2 2018	15,500	$121	$7.53	$6.95 - $8.00
Q1 2018	11,000	$78	$7.38	$6.79 - $8.40
Q4 2013	26,882	$262	$8.43	$7.76 - $10.00
Q3 2013	31,995	$252	$8.43	$7.53 - $9.20
Q2 2013	44,395	$345	$7.40	$6.76 - $8.50