MERCER INTL INC

Ticker: MERC CUSIP: 588056101 Class: COM

SHEPHERD KAPLAN KROCHUK, LLC's Holding History (CIK: 0001218583)

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

Q4 2015
Shares 40,071 Value ($000) $363 Avg Close $7.02 Range $6.04 - $8.01
Q4 2014
Shares 12,470 Value ($000) $153 Avg Close $8.23 Range $6.27 - $9.55