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BlackRock Investment Management, LLC
> DMD
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2016 | LEAF GROUP LTD. | DMD | 0 | -2,131 | 0 | -12,000 | |
| 09/30/2016 | LEAF GROUP LTD. | DMD | 2,131 | 0 | 12,000 | 1,000 | $5.63 |
| 06/30/2016 | LEAF GROUP LTD. | DMD | 2,131 | 2,131 | 11,000 | 11,000 | $5.16 |
| 03/31/2016 | LEAF GROUP LTD. | DMD | 1,923 | 1,923 | 10,000 | 10,000 | $5.20 |
| 12/31/2015 | LEAF GROUP LTD. | DMD | 1,923 | 0 | 11,000 | 3,000 | $5.72 |
| 09/30/2015 | LEAF GROUP LTD. | DMD | 1,923 | 1,923 | 8,000 | 8,000 | $4.16 |
| 06/30/2015 | LEAF GROUP LTD. | DMD | 0 | -29,711 | 0 | -170,000 | |
| 03/31/2015 | LEAF GROUP LTD. | DMD | 29,711 | 29,711 | 170,000 | 170,000 | $5.72 |
| 12/31/2014 | LEAF GROUP LTD. | DMD | 29,711 | 260 | 182,000 | -79,000 | $6.13 |
| 09/30/2014 | LEAF GROUP LTD. | DMD | 29,451 | 29,451 | 261,000 | 261,000 | $8.86 |
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