Rutabaga Capital Management’s QAD Inc. Class B QADB Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-500	Closed	-$14K	–	53
2017 Q3	$14K	Sell	500 -472	-49%	-$13.2K	﹤0.01%	50
2017 Q2	$26K	Hold	972	–	–	﹤0.01%	54
2017 Q1	$23K	Hold	972	–	–	﹤0.01%	56
2016 Q4	$25K	Hold	972	–	–	﹤0.01%	56
2016 Q3	$19K	Hold	972	–	–	﹤0.01%	58
2016 Q2	$17K	Sell	972 -30	-3%	-$525	﹤0.01%	61
2016 Q1	$16K	Sell	1,002 -750	-43%	-$12K	﹤0.01%	59
2015 Q4	$32K	Hold	1,752	–	–	﹤0.01%	62
2015 Q3	$38K	Sell	1,752 -300	-15%	-$6.51K	﹤0.01%	65
2015 Q2	$44K	Hold	2,052	–	–	﹤0.01%	64
2015 Q1	$41K	Hold	2,052	–	–	﹤0.01%	64
2014 Q4	$39K	Hold	2,052	–	–	﹤0.01%	68
2014 Q3	$32K	Hold	2,052	–	–	﹤0.01%	74
2014 Q2	$37K	Hold	2,052	–	–	﹤0.01%	73
2014 Q1	$35K	Sell	2,052 -28	-1%	-$478	﹤0.01%	73
2013 Q4	$33K	Hold	2,080	–	–	﹤0.01%	75
2013 Q3	$23K	Hold	2,080	–	–	﹤0.01%	73
2013 Q2	$22K	Buy	+2,080	New	+$22K	﹤0.01%	72