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PRINCETON CAPITAL MANAGEMENT INC
> MSFT
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2017 | MICROSOFT CORP | MSFT | 99,675 | 17,965 | 7,425,000 | 1,793,000 | $74.49 |
| 06/30/2017 | MICROSOFT CORP | MSFT | 81,710 | -5,012 | 5,632,000 | -80,000 | $68.93 |
| 03/31/2017 | MICROSOFT CORP | MSFT | 86,722 | -451 | 5,712,000 | 295,000 | $65.87 |
| 12/31/2016 | MICROSOFT CORP | MSFT | 87,173 | -965 | 5,417,000 | 340,000 | $62.14 |
| 09/30/2016 | MICROSOFT CORP | MSFT | 88,138 | 361 | 5,077,000 | 585,000 | $57.60 |
| 06/30/2016 | MICROSOFT CORP | MSFT | 87,777 | 18,443 | 4,492,000 | 2,185,000 | $51.18 |
| 03/31/2016 | MICROSOFT CORP | MSFT | 85,797 | 16,463 | 4,739,000 | 2,432,000 | $55.24 |
| 12/31/2015 | MICROSOFT CORP | MSFT | 80,341 | -29,990 | 4,457,000 | -426,000 | $55.48 |
| 09/30/2015 | MICROSOFT CORP | MSFT | 110,331 | -3,868 | 4,883,000 | -159,000 | $44.26 |
| 06/30/2015 | MICROSOFT CORP | MSFT | 114,199 | 590 | 5,042,000 | 423,000 | $44.15 |
| 03/31/2015 | MICROSOFT CORP | MSFT | 113,609 | 44,275 | 4,619,000 | 2,312,000 | $40.66 |
| 12/31/2014 | MICROSOFT CORP | MSFT | 105,060 | 35,726 | 4,880,000 | 2,573,000 | $46.45 |
| 09/30/2014 | MICROSOFT CORP | MSFT | 94,205 | 24,871 | 4,367,000 | 2,060,000 | $46.36 |
| 06/30/2014 | MICROSOFT CORP | MSFT | 84,684 | 15,350 | 3,531,000 | 1,224,000 | $41.70 |
| 03/31/2014 | MICROSOFT CORP | MSFT | 80,909 | 11,575 | 3,316,000 | 1,009,000 | $40.98 |
| 12/31/2013 | MICROSOFT CORP | MSFT | 73,062 | 3,728 | 2,733,000 | 426,000 | $37.41 |
| 09/30/2013 | MICROSOFT CORP | MSFT | 69,334 | -320 | 2,307,000 | -99,000 | $33.27 |
| 06/30/2013 | MICROSOFT CORP | MSFT | 69,654 | -905 | 2,406,000 | 388,000 | $34.54 |
| 03/31/2013 | MICROSOFT CORP | MSFT | 70,559 | -4,954 | 2,018,000 | -229,000 | $28.60 |
| 09/30/2012 | MICROSOFT CORP | MSFT | 75,513 | -1,712 | 2,247,000 | -115,000 | $29.76 |
| 06/30/2012 | MICROSOFT CORP | MSFT | 77,225 | -21,238 | 2,362,000 | -814,000 | $30.59 |
| 03/31/2012 | MICROSOFT CORP | MSFT | 98,463 | -3,210 | 3,176,000 | 537,000 | $32.26 |
| 12/31/2011 | MICROSOFT CORP | MSFT | 101,673 | -25,892 | 2,639,000 | -536,000 | $25.96 |
| 09/30/2011 | MICROSOFT CORP | MSFT | 127,565 | -38 | 3,175,000 | -143,000 | $24.89 |
| 06/30/2011 | MICROSOFT CORP | MSFT | 127,603 | -14,393 | 3,318,000 | -287,000 | $26.00 |
| 03/31/2011 | MICROSOFT CORP | MSFT | 141,996 | 10,555 | 3,605,000 | -64,000 | $25.39 |
| 12/31/2010 | MICROSOFT CORP | MSFT | 131,441 | -1,050 | 3,669,000 | 424,000 | $27.91 |
| 09/30/2010 | MICROSOFT CORP | MSFT | 132,491 | 7,810 | 3,245,000 | 376,000 | $24.49 |
| 06/30/2010 | MICROSOFT CORP | MSFT | 124,681 | 5,975 | 2,869,000 | -608,000 | $23.01 |
| 03/31/2010 | MICROSOFT CORP | MSFT | 118,706 | 15,223 | 3,477,000 | 323,000 | $29.29 |
| 12/31/2009 | MICROSOFT CORP | MSFT | 103,483 | 40,654 | 3,154,000 | 1,538,000 | $30.48 |
| 09/30/2009 | MICROSOFT CORP | MSFT | 62,829 | 5,137 | 1,616,000 | 245,000 | $25.72 |
| 06/30/2009 | MICROSOFT CORP | MSFT | 57,692 | 17,377 | 1,371,000 | 587,000 | $23.76 |
| 12/31/2008 | MICROSOFT CORP | MSFT | 40,315 | 2,552 | 784,000 | -224,000 | $19.45 |
| 09/30/2008 | MICROSOFT CORP | MSFT | 37,763 | 37,763 | 1,008,000 | 1,008,000 | $26.69 |
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