Forward Management’s Chesapeake Utilities CPK Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-3,600	Closed	-$227K	–	358
2014 Q1	$227K	Sell	3,600 -22,400	-86%	-$1.41M	0.01%	277
2013 Q4	$1.56M	Buy	+26,000	New	+$1.56M	0.09%	113