FARMERS & MERCHANTS BANCORP

Ticker: FMAO CUSIP: 30779N105 Class: Common Stock

Parallax Volatility Advisers, L.P.'s Holding History (CIK: 0001521001)

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

Q4 2017

Shares 2,688 Value ($000) $110 Avg Close $31.15 Range $27.30 - $34.85

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	2,688	$110	$31.15	$27.30 - $34.85