DIGIMARC CORP NEW

Ticker: DMRC CUSIP: 25381B101 Class: COM

Arrow Financial Corp's Holding History (CIK: 0000717538)

Note: Option positions (PUT/CALL) are excluded.

Q3 2018

Shares 200 Value ($000) $6 Avg Close $29.38 Range $24.55 - $32.85

Q2 2018

Shares 200 Value ($000) $5 Avg Close $28.24 Range $22.85 - $33.40

Q1 2018

Shares 200 Value ($000) $5 Avg Close $30.62 Range $23.90 - $39.95

Q4 2017

Shares 200 Value ($000) $7 Avg Close $36.34 Range $32.55 - $39.15

Q3 2017

Shares 200 Value ($000) $7 Avg Close $31.23 Range $27.35 - $40.30

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	200	$6	$29.38	$24.55 - $32.85
Q2 2018	200	$5	$28.24	$22.85 - $33.40
Q1 2018	200	$5	$30.62	$23.90 - $39.95
Q4 2017	200	$7	$36.34	$32.55 - $39.15
Q3 2017	200	$7	$31.23	$27.35 - $40.30