UNDER ARMOUR INC

Ticker: UAA CUSIP: 904311107 Class: Common Stock

Godshalk Welsh Capital Management, Inc.'s Holding History (CIK: 0001631775)

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

Q4 2014

Shares 1,200 Value ($000) $81 Avg Close $33.70 Range $30.00 - $36.49

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	1,200	$81	$33.70	$30.00 - $36.49