MERCHANTS BANCSHARES

CUSIP: 588448100 Class: COM

Community Bank, N.A.'s Holding History (CIK: 0001632187)

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

Q1 2017
Shares 3,000 Value ($000) $146 Avg Close — Range —
Q4 2016
Shares 7,750 Value ($000) $420 Avg Close — Range —
Q3 2016
Shares 7,750 Value ($000) $251 Avg Close — Range —
Q2 2016
Shares 7,750 Value ($000) $236 Avg Close — Range —
Q1 2016
Shares 7,750 Value ($000) $230 Avg Close — Range —
Q4 2015
Shares 7,750 Value ($000) $244 Avg Close — Range —
Q3 2015
Shares 7,750 Value ($000) $228 Avg Close — Range —
Q2 2015
Shares 7,750 Value ($000) $256 Avg Close — Range —
Q1 2015
Shares 7,750 Value ($000) $226 Avg Close — Range —
Q4 2014
Shares 7,750 Value ($000) $237 Avg Close — Range —