UPLAND SOFTWARE INC

Ticker: UPLD CUSIP: 91544A109 Class: COM

PenderFund Capital Management Ltd.'s Holding History (CIK: 0001706164)

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

Q4 2020

Shares 29,586 Value ($000) $1,728 Avg Close $44.04 Range $37.82 - $51.48

Q3 2020

Shares 35,586 Value ($000) $1,786 Avg Close $36.04 Range $30.40 - $45.00

Q2 2020

Shares 35,586 Value ($000) $1,679 Avg Close $31.16 Range $24.04 - $37.55

Q1 2020

Shares 35,586 Value ($000) $1,343 Avg Close $36.16 Range $20.75 - $44.98

Q4 2019

Shares 35,586 Value ($000) $1,650 Avg Close $37.36 Range $32.27 - $40.96

Q3 2019

Shares 35,586 Value ($000) $1,345 Avg Close $41.53 Range $32.81 - $48.67

Q2 2019

Shares 35,586 Value ($000) $1,680 Avg Close $45.79 Range $38.79 - $54.87

Q1 2019

Shares 35,586 Value ($000) $2,014 Avg Close $34.00 Range $26.09 - $43.73

Q4 2018

Shares 208,834 Value ($000) $8,356 Avg Close $30.00 Range $25.12 - $37.00

Q3 2018

Shares 148,634 Value ($000) $6,496 Avg Close $34.61 Range $30.40 - $38.30

Q2 2018

Shares 163,463 Value ($000) $7,537 Avg Close $31.35 Range $26.57 - $36.88

Q1 2018

Shares 143,800 Value ($000) $3,933,000 Avg Close $24.64 Range $20.95 - $31.70

Q4 2017

Shares 123,840 Value ($000) $2,852 Avg Close $21.96 Range $18.52 - $25.00

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2020	29,586	$1,728	$44.04	$37.82 - $51.48
Q3 2020	35,586	$1,786	$36.04	$30.40 - $45.00
Q2 2020	35,586	$1,679	$31.16	$24.04 - $37.55
Q1 2020	35,586	$1,343	$36.16	$20.75 - $44.98
Q4 2019	35,586	$1,650	$37.36	$32.27 - $40.96
Q3 2019	35,586	$1,345	$41.53	$32.81 - $48.67
Q2 2019	35,586	$1,680	$45.79	$38.79 - $54.87
Q1 2019	35,586	$2,014	$34.00	$26.09 - $43.73
Q4 2018	208,834	$8,356	$30.00	$25.12 - $37.00
Q3 2018	148,634	$6,496	$34.61	$30.40 - $38.30
Q2 2018	163,463	$7,537	$31.35	$26.57 - $36.88
Q1 2018	143,800	$3,933,000	$24.64	$20.95 - $31.70
Q4 2017	123,840	$2,852	$21.96	$18.52 - $25.00