MERCER INTL INC

Ticker: MERC CUSIP: 588056101 Class: COM

EMERALD ADVISERS, LLC's Holding History (CIK: 0001015083)

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

Q4 2016

Shares 40,213 Value ($000) $428 Avg Close $6.57 Range $5.50 - $7.86

Q3 2016

Shares 82,706 Value ($000) $701 Avg Close $5.94 Range $5.02 - $6.47

Q2 2016

Shares 103,078 Value ($000) $823 Avg Close $6.24 Range $5.02 - $7.33

Q1 2016

Shares 80,433 Value ($000) $760 Avg Close $5.61 Range $4.13 - $6.69

Q4 2015

Shares 81,696 Value ($000) $739 Avg Close $7.02 Range $6.04 - $8.01

Q3 2015

Shares 35,780 Value ($000) $359 Avg Close $7.99 Range $6.49 - $9.64

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	40,213	$428	$6.57	$5.50 - $7.86
Q3 2016	82,706	$701	$5.94	$5.02 - $6.47
Q2 2016	103,078	$823	$6.24	$5.02 - $7.33
Q1 2016	80,433	$760	$5.61	$4.13 - $6.69
Q4 2015	81,696	$739	$7.02	$6.04 - $8.01
Q3 2015	35,780	$359	$7.99	$6.49 - $9.64