MONARCH FINANCIAL HOLDINGS I

CUSIP: 60907Q100 Class: COM

GARDNER LEWIS ASSET MANAGEMENT L P's Holding History (CIK: 0000941560)

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

Q1 2016
Shares 23,525 Value ($000) $391 Avg Close — Range —
Q4 2015
Shares 23,525 Value ($000) $423 Avg Close — Range —