ULTIMATE SOFTWARE GROUP INC

CUSIP: 90385D107 Class: COM

SHAKER INVESTMENTS LLC/OH's Holding History (CIK: 0001009005)

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

Q4 2016
Shares 2,400 Value ($000) $438 Avg Close — Range —
Q3 2016
Shares 2,400 Value ($000) $491 Avg Close — Range —
Q2 2016
Shares 2,400 Value ($000) $505 Avg Close — Range —
Q1 2016
Shares 2,400 Value ($000) $464 Avg Close — Range —
Q4 2015
Shares 1,900 Value ($000) $371 Avg Close — Range —