MERCHANTS BANCSHARES

CUSIP: 588448100 Class: COM

GEODE CAPITAL MANAGEMENT, LLC's Holding History (CIK: 0001214717)

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

Q1 2017
Shares 64,876 Value ($000) $3,159 Avg Close — Range —
Q4 2016
Shares 63,831 Value ($000) $3,459 Avg Close — Range —
Q3 2016
Shares 61,269 Value ($000) $1,984 Avg Close — Range —
Q2 2016
Shares 59,980 Value ($000) $1,828 Avg Close — Range —
Q1 2016
Shares 58,719 Value ($000) $1,746 Avg Close — Range —
Q4 2015
Shares 58,625 Value ($000) $1,846 Avg Close — Range —
Q3 2015
Shares 59,489 Value ($000) $1,748 Avg Close — Range —
Q2 2015
Shares 58,845 Value ($000) $1,946 Avg Close — Range —
Q1 2015
Shares 58,031 Value ($000) $1,692 Avg Close — Range —
Q4 2014
Shares 55,157 Value ($000) $1,689 Avg Close — Range —
Q3 2014
Shares 54,766 Value ($000) $1,543 Avg Close — Range —
Q2 2014
Shares 53,447 Value ($000) $1,709 Avg Close — Range —
Q1 2014
Shares 47,994 Value ($000) $1,565 Avg Close — Range —
Q4 2013
Shares 47,051 Value ($000) $1,576 Avg Close — Range —
Q3 2013
Shares 45,303 Value ($000) $1,312 Avg Close — Range —
Q2 2013
Shares 45,314 Value ($000) $1,340 Avg Close — Range —