GERMAN AMERN BANCORP INC

Ticker: GABC CUSIP: 373865104 Class: Common Stock

Ground Swell Capital, LLC's Holding History (CIK: 0001534450)

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

Q3 2014

Shares 139 Value ($000) $4 Avg Close $13.49 Range $12.71 - $14.18

Q2 2014

Shares 46 Value ($000) $1 Avg Close $13.56 Range $12.34 - $14.96

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	139	$4	$13.49	$12.71 - $14.18
Q2 2014	46	$1	$13.56	$12.34 - $14.96