BANK OF NT BUTTERFIELD&SON L

Ticker: NTB CUSIP: G0772R208 Class: Common Stock

Lagoda Investment Management, L.P.'s Holding History (CIK: 0001632108)

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

Q3 2018

Shares 750 Value ($000) $39 Avg Close $35.36 Range $31.54 - $37.69

Q2 2018

Shares 750 Value ($000) $34 Avg Close $32.89 Range $30.00 - $34.43

Q1 2018

Shares 750 Value ($000) $34 Avg Close $29.37 Range $24.85 - $32.94

Q4 2017

Shares 800 Value ($000) $29 Avg Close $25.44 Range $23.71 - $28.00

Q3 2017

Shares 850 Value ($000) $31 Avg Close $23.11 Range $21.33 - $24.96

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	750	$39	$35.36	$31.54 - $37.69
Q2 2018	750	$34	$32.89	$30.00 - $34.43
Q1 2018	750	$34	$29.37	$24.85 - $32.94
Q4 2017	800	$29	$25.44	$23.71 - $28.00
Q3 2017	850	$31	$23.11	$21.33 - $24.96