MERCHANTS BANCSHARES

CUSIP: 588448100 Class: COM

Clean Yield Group's Holding History (CIK: 0001525865)

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

Q1 2017
Shares 31,815 Value ($000) $1,549 Avg Close — Range —
Q4 2016
Shares 40,833 Value ($000) $2,213 Avg Close — Range —
Q3 2016
Shares 56,602 Value ($000) $1,833 Avg Close — Range —
Q2 2016
Shares 58,517 Value ($000) $1,784 Avg Close — Range —
Q1 2016
Shares 56,929 Value ($000) $1,704 Avg Close — Range —
Q4 2015
Shares 57,144 Value ($000) $1,614 Avg Close — Range —
Q3 2015
Shares 51,453 Value ($000) $1,604 Avg Close — Range —
Q2 2015
Shares 50,578 Value ($000) $1,673 Avg Close — Range —
Q1 2015
Shares 52,138 Value ($000) $1,521 Avg Close — Range —
Q4 2014
Shares 58,178 Value ($000) $1,782 Avg Close — Range —
Q3 2014
Shares 59,392 Value ($000) $1,674 Avg Close — Range —
Q2 2014
Shares 60,262 Value ($000) $1,927 Avg Close — Range —
Q1 2014
Shares 53,423 Value ($000) $1,742 Avg Close — Range —
Q4 2013
Shares 54,118 Value ($000) $1,813 Avg Close — Range —