MERCHANTS BANCSHARES

CUSIP: 588448100 Class: COM

Opus Capital Group, LLC's Holding History (CIK: 0001330325)

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

Q4 2014
Shares 22,691 Value ($000) $695 Avg Close — Range —
Q3 2014
Shares 22,691 Value ($000) $640 Avg Close — Range —
Q2 2014
Shares 9,000 Value ($000) $288 Avg Close — Range —