MERCHANTS BANCORP

CUSIP: 588436105 Class: cs

Vision Capital Management, Inc.'s Holding History (CIK: 0001417889)

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

Q1 2017
Shares 25,667 Value ($000) $16 Avg Close — Range —
Q4 2016
Shares 25,667 Value ($000) $15 Avg Close — Range —
Q3 2016
Shares 25,667 Value ($000) $21 Avg Close — Range —
Q2 2016
Shares 25,667 Value ($000) $18 Avg Close — Range —
Q1 2016
Shares 25,667 Value ($000) $19 Avg Close — Range —
Q4 2015
Shares 25,667 Value ($000) $18 Avg Close — Range —
Q3 2015
Shares 25,667 Value ($000) $21 Avg Close — Range —
Q2 2015
Shares 25,667 Value ($000) $18 Avg Close — Range —
Q1 2015
Shares 25,667 Value ($000) $28 Avg Close — Range —
Q4 2014
Shares 25,667 Value ($000) $31 Avg Close — Range —
Q3 2014
Shares 25,667 Value ($000) $22 Avg Close — Range —
Q2 2014
Shares 25,667 Value ($000) $19 Avg Close — Range —
Q1 2014
Shares 25,667 Value ($000) $18 Avg Close — Range —
Q4 2013
Shares 25,667 Value ($000) $12 Avg Close — Range —
Q3 2013
Shares 25,667 Value ($000) $5 Avg Close — Range —
Q2 2013
Shares 25,667 Value ($000) $4 Avg Close — Range —