ULTIMATE SOFTWARE GROUP INC

CUSIP: 90385D107 Class: COM

DISCIPLINED GROWTH INVESTORS INC /MN's Holding History (CIK: 0001050442)

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

Q1 2019
Shares 36,262 Value ($000) $11,971 Avg Close — Range —
Q4 2018
Shares 59,489 Value ($000) $14,567 Avg Close — Range —
Q3 2018
Shares 60,130 Value ($000) $19,373 Avg Close — Range —
Q2 2018
Shares 61,544 Value ($000) $15,836 Avg Close — Range —
Q1 2018
Shares 61,708 Value ($000) $15,038 Avg Close — Range —
Q4 2017
Shares 62,029 Value ($000) $13,537 Avg Close — Range —
Q3 2017
Shares 62,501 Value ($000) $11,850 Avg Close — Range —
Q2 2017
Shares 65,851 Value ($000) $13,833 Avg Close — Range —
Q1 2017
Shares 66,025 Value ($000) $12,889 Avg Close — Range —
Q4 2016
Shares 66,425 Value ($000) $12,113 Avg Close — Range —
Q3 2016
Shares 61,679 Value ($000) $12,607 Avg Close — Range —
Q2 2016
Shares 62,554 Value ($000) $13,154 Avg Close — Range —
Q1 2016
Shares 63,204 Value ($000) $12,230 Avg Close — Range —
Q4 2015
Shares 62,749 Value ($000) $12,268 Avg Close — Range —
Q3 2015
Shares 63,574 Value ($000) $11,380 Avg Close — Range —
Q2 2015
Shares 62,549 Value ($000) $10,279 Avg Close — Range —
Q1 2015
Shares 62,574 Value ($000) $10,635 Avg Close — Range —
Q4 2014
Shares 62,474 Value ($000) $9,172 Avg Close — Range —
Q3 2014
Shares 64,974 Value ($000) $9,194 Avg Close — Range —
Q2 2014
Shares 65,624 Value ($000) $9,067 Avg Close — Range —
Q1 2014
Shares 75,374 Value ($000) $10,326 Avg Close — Range —
Q4 2013
Shares 79,724 Value ($000) $12,215 Avg Close — Range —
Q3 2013
Shares 82,675 Value ($000) $12,186 Avg Close — Range —
Q2 2013
Shares 83,350 Value ($000) $9,776 Avg Close — Range —