UFP TECHNOLOGIES INC

Ticker: UFPT CUSIP: 902673102 Class: Common Stock

KESTREL INVESTMENT MANAGEMENT CORP's Holding History (CIK: 0000917579)

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

Q4 2015

Shares 11,500 Value ($000) $274 Avg Close $23.88 Range $20.63 - $25.50

Q3 2015

Shares 12,600 Value ($000) $288 Avg Close $21.24 Range $17.51 - $23.25

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	11,500	$274	$23.88	$20.63 - $25.50
Q3 2015	12,600	$288	$21.24	$17.51 - $23.25