WELLS FARGO GLOBAL DIVIDEND

CUSIP: 94987C103 Class: COM

Zuckerman Investment Group, LLC's Holding History (CIK: 0001423296)

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

Q1 2017
Shares 60,450 Value ($000) $352 Avg Close — Range —
Q4 2016
Shares 75,650 Value ($000) $412 Avg Close — Range —