FIRST MERCHANTS CORP

Ticker: FRME CUSIP: 320817109 Class: COM

HBK INVESTMENTS L P's Holding History (CIK: 0001011443)

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

Q4 2018

Shares 10,300 Value ($000) $353 Avg Close $31.95 Range $25.67 - $36.14

Q3 2018

Shares 7,411 Value ($000) $333 Avg Close $37.27 Range $35.16 - $39.45

Q2 2018

Shares 12,254 Value ($000) $569 Avg Close $34.96 Range $31.66 - $38.47

Q1 2018

Shares 20,570 Value ($000) $858 Avg Close $33.20 Range $31.09 - $34.82

Q4 2017

Shares 16,800 Value ($000) $707 Avg Close $33.01 Range $29.02 - $35.20

Q3 2017

Shares 15,300 Value ($000) $657 Avg Close $30.64 Range $28.63 - $33.44

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	10,300	$353	$31.95	$25.67 - $36.14
Q3 2018	7,411	$333	$37.27	$35.16 - $39.45
Q2 2018	12,254	$569	$34.96	$31.66 - $38.47
Q1 2018	20,570	$858	$33.20	$31.09 - $34.82
Q4 2017	16,800	$707	$33.01	$29.02 - $35.20
Q3 2017	15,300	$657	$30.64	$28.63 - $33.44