MERCHANTS BANCSHARES

CUSIP: 588448100 Class: COM

BANK OF MONTREAL /CAN/'s Holding History (CIK: 0000927971)

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

Q1 2017
Shares 150 Value ($000) $7 Avg Close — Range —
Q4 2016
Shares 256 Value ($000) $13 Avg Close — Range —
Q3 2016
Shares 72 Value ($000) $2 Avg Close — Range —
Q2 2016
Shares 72 Value ($000) $2 Avg Close — Range —
Q1 2016
Shares 72 Value ($000) $2 Avg Close — Range —
Q4 2015
Shares 72 Value ($000) $2 Avg Close — Range —
Q2 2014
Shares 140 Value ($000) $4 Avg Close — Range —