TAYLOR DEVICES INC

Ticker: TAYD CUSIP: 877163105 Class: Common Stock

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

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

Q4 2017

Shares 12,000 Value ($000) $161 Avg Close $12.78 Range $11.46 - $14.00

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	12,000	$161	$12.78	$11.46 - $14.00