RADWARE LTD

Ticker: RDWR CUSIP: M81873107 Class: Foreign Stock

Penn Capital Management Company, LLC's Holding History (CIK: 0001158202)

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

Q3 2015

Shares 521,392 Value ($000) $8,478 Avg Close $19.05 Range $15.73 - $23.08

Q2 2015

Shares 535,752 Value ($000) $11,894 Avg Close $23.25 Range $20.40 - $24.91

Q1 2015

Shares 820,997 Value ($000) $17,167 Avg Close $21.26 Range $18.68 - $23.87

Q4 2014

Shares 811,370 Value ($000) $17,866 Avg Close $19.54 Range $15.70 - $22.89

Q3 2014

Shares 1,206,904 Value ($000) $21,314 Avg Close $16.88 Range $15.86 - $18.11

Q2 2014

Shares 1,346,684 Value ($000) $22,719 Avg Close $16.87 Range $15.72 - $18.30

Q1 2014

Shares 1,402,221 Value ($000) $24,791 Avg Close $17.51 Range $16.18 - $19.48

Q4 2013

Shares 1,805,445 Value ($000) $32,462 Avg Close $15.77 Range $13.71 - $17.99

Q3 2013

Shares 1,487,122 Value ($000) $20,745 Avg Close $14.52 Range $13.50 - $15.33

Q2 2013

Shares 1,104,168 Value ($000) $15,226 Avg Close $15.00 Range $13.42 - $19.33

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	521,392	$8,478	$19.05	$15.73 - $23.08
Q2 2015	535,752	$11,894	$23.25	$20.40 - $24.91
Q1 2015	820,997	$17,167	$21.26	$18.68 - $23.87
Q4 2014	811,370	$17,866	$19.54	$15.70 - $22.89
Q3 2014	1,206,904	$21,314	$16.88	$15.86 - $18.11
Q2 2014	1,346,684	$22,719	$16.87	$15.72 - $18.30
Q1 2014	1,402,221	$24,791	$17.51	$16.18 - $19.48
Q4 2013	1,805,445	$32,462	$15.77	$13.71 - $17.99
Q3 2013	1,487,122	$20,745	$14.52	$13.50 - $15.33
Q2 2013	1,104,168	$15,226	$15.00	$13.42 - $19.33