UNDER ARMOUR INC

Ticker: UAA CUSIP: 904311107 Class: Common Stock

New England Research & Management, Inc.'s Holding History (CIK: 0001596077)

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

Q4 2016

Shares 8,105 Value ($000) $235 Avg Close $32.82 Range $29.00 - $39.20

Q1 2016

Shares 3,380 Value ($000) $287 Avg Close $39.45 Range $31.61 - $43.41

Q4 2015

Shares 2,775 Value ($000) $224 Avg Close $45.61 Range $38.89 - $52.37

Q2 2015

Shares 5,075 Value ($000) $423 Avg Close $40.45 Range $38.08 - $44.08

Q1 2015

Shares 4,800 Value ($000) $388 Avg Close $36.78 Range $31.89 - $41.34

Q4 2014

Shares 5,100 Value ($000) $346 Avg Close $33.70 Range $30.00 - $36.49

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	8,105	$235	$32.82	$29.00 - $39.20
Q1 2016	3,380	$287	$39.45	$31.61 - $43.41
Q4 2015	2,775	$224	$45.61	$38.89 - $52.37
Q2 2015	5,075	$423	$40.45	$38.08 - $44.08
Q1 2015	4,800	$388	$36.78	$31.89 - $41.34
Q4 2014	5,100	$346	$33.70	$30.00 - $36.49