PEOPLES BANCORP INC

Ticker: PEBO CUSIP: 709789101 Class: COM

EMERALD MUTUAL FUND ADVISERS TRUST's Holding History (CIK: 0001352895)

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

Q4 2015

Shares 63,580 Value ($000) $1,198 Avg Close $20.16 Range $18.12 - $22.00

Q3 2015

Shares 182,488 Value ($000) $3,794 Avg Close $21.88 Range $20.63 - $24.33

Q2 2015

Shares 144,788 Value ($000) $3,379 Avg Close $23.52 Range $22.65 - $24.74

Q1 2015

Shares 134,788 Value ($000) $3,207 Avg Close $23.93 Range $22.63 - $26.01

Q4 2014

Shares 115,488 Value ($000) $2,995 Avg Close $24.88 Range $23.39 - $26.65

Q3 2014

Shares 115,488 Value ($000) $2,743 Avg Close $24.38 Range $23.00 - $28.00

Q2 2014

Shares 94,311 Value ($000) $2,495 Avg Close $25.22 Range $23.58 - $27.36

Q1 2014

Shares 81,263 Value ($000) $2,010 Avg Close $23.31 Range $20.29 - $26.10

Q4 2013

Shares 27,122 Value ($000) $616 Avg Close $22.32 Range $20.11 - $24.00

Q3 2013

Shares 16,002 Value ($000) $334 Avg Close $21.75 Range $18.83 - $23.81

Q2 2013

Shares 16,002 Value ($000) $337 Avg Close $18.63 Range $17.55 - $20.31

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	63,580	$1,198	$20.16	$18.12 - $22.00
Q3 2015	182,488	$3,794	$21.88	$20.63 - $24.33
Q2 2015	144,788	$3,379	$23.52	$22.65 - $24.74
Q1 2015	134,788	$3,207	$23.93	$22.63 - $26.01
Q4 2014	115,488	$2,995	$24.88	$23.39 - $26.65
Q3 2014	115,488	$2,743	$24.38	$23.00 - $28.00
Q2 2014	94,311	$2,495	$25.22	$23.58 - $27.36
Q1 2014	81,263	$2,010	$23.31	$20.29 - $26.10
Q4 2013	27,122	$616	$22.32	$20.11 - $24.00
Q3 2013	16,002	$334	$21.75	$18.83 - $23.81
Q2 2013	16,002	$337	$18.63	$17.55 - $20.31