MERCHANTS BANCORP IND

Ticker: MBIN CUSIP: 58844R108 Class: Common Stock

GRATIA CAPITAL, LLC's Holding History (CIK: 0001599793)

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

Q2 2018

Shares 14,672 Value ($000) $419 Avg Close $14.85 Range $12.16 - $17.75

Q1 2018

Shares 61,272 Value ($000) $1,317 Avg Close $12.86 Range $11.87 - $14.47

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2018	14,672	$419	$14.85	$12.16 - $17.75
Q1 2018	61,272	$1,317	$12.86	$11.87 - $14.47