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TFS CAPITAL LLC
> MODL
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2012 | MModal Inc. | MODL | 187,350 | 81,894 | 2,432,000 | 1,319,000 | $12.98 |
| 03/31/2012 | MModal Inc. | MODL | 105,456 | 105,456 | 1,113,000 | 1,113,000 | $10.55 |
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