MERCHANTS BANCSHARES

CUSIP: 588448100 Class: COM

FEDERATED HERMES, INC.'s Holding History (CIK: 0001056288)

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

Q1 2016
Shares 77 Value ($000) $2 Avg Close — Range —
Q4 2013
Shares 1,938 Value ($000) $65 Avg Close — Range —
Q3 2013
Shares 1,472 Value ($000) $43 Avg Close — Range —