Insider Trading activities of Merchants Bancshares Inc insiders.

Monthly summaries of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Merchants Bancshares Inc since 2005 are illustrated in Table 1 and Table 2. Table 1 shows the monthly insider trading data of Merchants Bancshares Inc since year 2005. Table 2 shows the detailed insider transactions of Merchants Bancshares Inc since 2005. The reporting company's ticker symbol is MBVT. The reporting company's CIK number is 726517.
The total value of stock buying since 2005 is $1,372,928.
The total value of stock sales since 2005 is $3,205,044.
The total value of stock option exercises since 2005 is $3,671,121.


Table 1. Monthly summaries of insider stock purchases, sales, and option exercises for Merchants Bancshares Inc (MBVT).
Trading Period Insider Buying Insider Sales Option Exercises
year-month Shares Value Shares Value Shares Value
2017-02 0 $0 0 $0 26,520 $598,901
2016-11 0 $0 0 $0 500 $11,035
2016-01 4,000 $113,888 0 $0 0 $0
2015-11 0 $0 0 $0 2,840 $92,129
2015-06 0 $0 0 $0 11,000 $251,240
2014-11 1,000 $29,885 0 $0 0 $0
2014-08 0 $0 4,203 $124,114 5,506 $121,517
2014-05 0 $0 500 $14,500 0 $0
2014-02 2,500 $74,880 0 $0 0 $0
2013-09 150 $4,368 0 $0 0 $0
2013-06 2,000 $56,020 0 $0 0 $0
2013-04 2,000 $60,372 0 $0 0 $0
2012-11 2,000 $56,098 0 $0 0 $0
2012-07 98 $2,677 12,250 $334,020 12,250 $279,790
2012-06 1,000 $26,738 0 $0 0 $0
2012-02 1,560 $44,304 0 $0 0 $0
2011-11 1,500 $42,615 300 $8,250 0 $0
2011-08 1,000 $26,205 0 $0 0 $0
2011-06 2,257 $55,465 600 $15,000 319 $7,314
2011-03 0 $0 400 $9,866 0 $0
2011-02 900 $24,300 0 $0 0 $0
2010-10 0 $0 800 $20,340 0 $0
2010-08 0 $0 1,000 $23,750 0 $0
2010-06 83 $1,767 600 $13,500 0 $0
2010-05 2,000 $43,898 250 $5,857 0 $0
2009-11 0 $0 500 $11,000 0 $0
2009-09 0 $0 750 $17,685 0 $0
2009-08 0 $0 19,021 $440,255 18,600 $321,789
2009-06 0 $0 1,100 $25,046 0 $0
2009-05 0 $0 1,500 $32,550 1,016 $17,780
2009-03 4,265 $75,630 606 $10,909 5,249 $92,040
2009-02 1,000 $18,715 0 $0 6,186 $108,255
2008-12 3,043 $57,180 0 $0 0 $0
2008-11 2,000 $35,500 0 $0 0 $0
2008-09 2,379 $52,517 0 $0 0 $0
2008-08 1,030 $21,175 0 $0 15,860 $311,714
2008-06 0 $0 4,550 $103,397 0 $0
2008-05 3,262 $75,812 0 $0 2,316 $47,084
2008-03 1,219 $27,616 660 $15,081 10,213 $207,630
2008-02 1,000 $23,455 0 $0 0 $0
2007-12 1,115 $25,889 0 $0 0 $0
2007-09 600 $14,232 0 $0 0 $0
2007-08 805 $19,080 43,419 $1,002,110 8,350 $154,475
2007-06 0 $0 10,000 $230,000 0 $0
2007-03 7,612 $178,273 2,331 $53,309 0 $0
2007-01 0 $0 0 $0 15,150 $280,275
2006-12 1,000 $23,330 0 $0 0 $0
2006-09 0 $0 2,500 $59,050 15,517 $275,478
2006-08 0 $0 7,500 $181,474 0 $0
2006-06 0 $0 5,000 $119,675 0 $0
2006-05 0 $0 2,500 $60,225 0 $0
2006-03 0 $0 2,500 $60,775 0 $0
2006-02 1,000 $24,190 2,500 $60,150 7,490 $112,350
2006-01 0 $0 0 $0 25,355 $380,325
2005-12 1,500 $36,854 1,490 $35,833 0 $0
2005-09 0 $0 4,503 $117,323 0 $0

Table 2. Detailed insider stock purchases, sales, and option exercises of Merchants Bancshares Inc insiders (MBVT)
  Trade Date   Insider Name Trade Type     Shares       Price ($)   Value ($)
2017-02-09 Tuttle Michael R (Director) Option Ex 26,520 22.58 598,901
2016-11-01 Tuttle Michael R (Director) Option Ex 500 22.07 11,035
2016-01-26 Boardman Scott F. (Director) Buy 4,000 28.47 113,888
2015-11-03 Geoffrey Richard Hesslink (CEO President) Option Ex 2,840 32.44 92,129
2015-06-05 Geoffrey Richard Hesslink (CEO, President Merchants Bank) Option Ex 11,000 22.84 251,240
2014-11-14 Meshako Thomas J. (CFO & Treasurer) Buy 125 29.90 3,737
2014-11-13 Meshako Thomas J. (CFO & Treasurer) Buy 500 29.89 14,945
2014-11-12 Meshako Thomas J. (CFO & Treasurer) Buy 24 29.88 717
2014-11-10 Meshako Thomas J. (CFO & Treasurer) Buy 351 29.88 10,486
2014-08-20 Spitler Janet P (SVP, CFO, Treasurer) Sale 4,203 29.53 124,114
2014-08-20 Spitler Janet P (SVP, CFO, Treasurer) Option Ex 5,506 22.07 121,517
2014-05-01 Skiff Robert A (Director) Sale 500 29.00 14,500
2014-02-14 Bombardier Janette K (Director) Buy 500 30.88 15,440
2014-02-10 Boardman Scott F. (Director) Buy 2,000 29.72 59,440
2013-09-16 Bombardier Janette K (Director) Buy 150 29.12 4,368
2013-06-14 Boardman Scott F. (Director) Buy 2,000 28.01 56,020
2013-04-29 Kane John A (Director) Buy 1,200 30.35 36,420
2013-04-26 Kane John A (Director) Buy 800 29.94 23,952
2012-11-08 Boardman Scott F. (Director) Buy 2,000 28.05 56,098
2012-07-30 Leavitt Thomas S (EVP, Operations) Sale 12,250 27.27 334,020
2012-07-30 Leavitt Thomas S (EVP, Operations) Option Ex 12,250 22.84 279,790
2012-07-26 Pecor Raymond C Jr (Director) Buy 98 27.32 2,677
2012-06-07 Kane John A (Director) Buy 1,000 26.74 26,738
2012-02-29 Danaher Karen J (Director) Buy 55 28.40 1,562
2012-02-27 Danaher Karen J (Director) Buy 1,505 28.40 42,742
2011-11-30 Erdman Zoe P (SVP, Senior Credit Officer) Sale 300 27.50 8,250
2011-11-22 Boardman Scott F. (Director) Buy 1,500 28.41 42,615
2011-08-04 Boardman Scott F. (Director) Buy 1,000 26.20 26,205
2011-06-17 Danaher Karen J (Director) Buy 2,257 24.57 55,465
2011-06-10 Havers Thomas R (SVP Operations) Option Ex 319 22.93 7,314
2011-06-01 Skiff Robert A (Director) Sale 600 25.00 15,000
2011-03-21 Skiff Robert A (Director) Sale 400 24.66 9,866
2011-02-09 Dillon Molly (SVP, President of Trust) Buy 900 27.00 24,300
2010-10-28 Skiff Robert A (Director) Sale 800 25.43 20,340
2010-08-09 Spitler Janet P (CFO,Treasurer) Sale 1,000 23.75 23,750
2010-06-22 Bouyea Peter A (Director) Buy 83 21.30 1,767
2010-06-10 Skiff Robert A (Director) Sale 600 22.50 13,500
2010-05-26 Boardman Scott F. (Director) Buy 2,000 21.95 43,898
2010-05-12 Skiff Robert A (Director) Sale 250 23.43 5,857
2009-11-16 Skiff Robert A (Director) Sale 500 22.00 11,000
2009-09-01 Skiff Robert A (Director) Sale 750 23.58 17,685
2009-08-20 Havers Thomas R (SVP, Operations) Sale 2,550 24.08 61,403
2009-08-17 Spitler Janet P (SVP, CFO and Treasurer) Option Ex 3,710 16.50 61,215
2009-08-11 Havers Thomas R (SVP, Operations) Option Ex 3,010 17.50 52,675
2009-08-07 Spitler Janet P (SVP, CFO and Treasurer) Sale 5,600 23.45 131,320
2009-08-06 Leavitt Thomas S (EVP) Sale 10,871 22.77 247,532
2009-08-06 Leavitt Thomas S (EVP) Option Ex 10,871 17.50 190,242
2009-08-04 Tuttle Michael R (President & CEO) Option Ex 1,009 17.50 17,657
2009-06-04 Leavitt Thomas S (Executive Vice President) Sale 300 22.50 6,750
2009-06-01 Leavitt Thomas S (Executive Vice President) Sale 800 22.87 18,296
2009-05-29 Spitler Janet P (SVP, CFO & Treasurer) Option Ex 1,016 17.50 17,780
2009-05-21 Leavitt Thomas S (Executive Vice President) Sale 1,000 22.50 22,500
2009-05-07 Skiff Robert A (Director) Sale 500 20.10 10,050
2009-03-30 Havers Thomas R (Director) Option Ex 249 18.23 4,540
2009-03-24 Kane John A (Director) Buy 166 17.90 2,971
2009-03-23 Robins Patrick S (Director) Buy 500 18.25 9,123
2009-03-19 Kane John A (Director) Buy 334 17.89 5,973
2009-03-17 Dillon Molly (Senior Vice President) Buy 100 17.81 1,780
2009-03-17 Robins Patrick S (Director) Buy 400 17.25 6,900
2009-03-13 Robins Patrick S (Director) Buy 165 17.25 2,846
2009-03-12 Robins Patrick S (Director) Buy 600 17.56 10,538
2009-03-11 Tuttle Michael R (President & CEO) Option Ex 5,000 17.50 87,500
2009-03-11 Bouyea Peter A (Director) Buy 539 17.50 9,432
2009-03-09 Bouyea Peter A (Director) Buy 461 17.50 8,067
2009-03-03 Bouyea Peter A (Director) Buy 1,000 18.00 18,000
2009-03-02 Skiff Robert A (Director) Sale 606 18.00 10,909
2009-02-19 Robins Patrick S (Director) Buy 500 18.70 9,350
2009-02-18 Robins Patrick S (Director) Buy 500 18.73 9,365
2009-02-12 Tuttle Michael R (President & CEO) Option Ex 6,186 17.50 108,255
2008-12-30 Boardman Scott F. (Director) Buy 1,330 18.68 24,851
2008-12-30 Lawton Lorilee A (Director) Buy 1,000 18.86 18,864
2008-12-22 Robins Patrick S (Director) Buy 500 19.00 9,500
2008-12-15 Robins Patrick S (Director) Buy 100 18.90 1,889
2008-12-09 Robins Patrick S (Director) Buy 113 18.38 2,076
2008-11-21 Bouyea Peter A (Director) Buy 2,000 17.75 35,500
2008-09-30 Kane John A (Director) Buy 500 23.18 11,592
2008-09-19 Robins Patrick S (Director) Buy 500 21.70 10,850
2008-09-18 Robins Patrick S (Director) Buy 379 21.65 8,205
2008-09-04 Lisman Bruce M (Director) Buy 1,000 21.87 21,870
2008-08-22 Havers Thomas R (SVP, Operations) Option Ex 2,219 15.50 34,394
2008-08-12 Lisman Bruce M (Director) Buy 30 21.00 630
2008-08-06 Spitler Janet P (CFO/Treasurer) Option Ex 9,094 20.33 184,880
2008-08-04 Robins Patrick S (Director) Buy 1,000 20.55 20,545
2008-06-24 Skiff Robert A (Director) Sale 500 22.41 11,205
2008-06-18 Skiff Robert A (Director) Sale 300 22.65 6,795
2008-06-13 Spitler Janet P (Treasurer & CFO) Sale 1,250 23.00 28,750
2008-06-10 Spitler Janet P (CFO and Treasurer) Sale 1,500 22.66 33,997
2008-06-09 Spitler Janet P (CFO and Treasurer) Sale 1,000 22.65 22,650
2008-05-22 Bouyea Peter A (Director) Buy 1,000 22.60 22,600
2008-05-17 Tuttle Michael R (President & CEO) Option Ex 1,931 20.33 39,257
2008-05-17 Spitler Janet P (CFO & Treasurer) Option Ex 385 20.33 7,827
2008-05-14 Bouyea Peter A (Director) Buy 457 23.50 10,739
2008-05-13 Bouyea Peter A (Director) Buy 62 23.50 1,457
2008-05-09 Bouyea Peter A (Director) Buy 735 23.55 17,326
2008-05-06 Bouyea Peter A (Director) Buy 504 23.40 11,793
2008-03-31 Bouyea Peter A (Director) Buy 140 22.88 3,203
2008-03-28 Havers Thomas R (Senior Vice President) Option Ex 10,213 20.33 207,630
2008-03-24 Skiff Robert A (Director) Sale 660 22.85 15,081
2008-03-17 Bouyea Peter A (Director) Buy 688 22.60 15,548
2008-03-14 Bouyea Peter A (Director) Buy 391 22.68 8,865
2008-02-06 Robins Patrick S (Director) Buy 1,000 23.45 23,455
2007-12-27 Robins Patrick S (Director) Buy 1,000 23.25 23,250
2007-12-20 Robins Patrick S (Director) Buy 115 22.95 2,639
2007-09-05 Robins Patrick S (Director) Buy 600 23.72 14,232
2007-08-29 Robins Patrick S (Director) Buy 805 23.70 19,080
2007-08-28 Spitler Janet P (CFO & Treasurer) Option Ex 3,750 18.50 69,375
2007-08-28 Leavitt Thomas S (Executive Vice President) Option Ex 4,600 18.50 85,100
2007-08-03 Davis Jeffrey L (Director) Sale 43,419 23.08 1,002,110
2007-06-27 Davis Jeffrey L (Director) Sale 10,000 23.00 230,000
2007-03-23 Skiff Robert A (Director) Sale 2,331 22.87 53,309
2007-03-14 Geoffrey Richard Hesslink (Senior Vice President) Buy 7,612 23.42 178,273
2007-01-31 Tuttle Michael R (President and CEO) Option Ex 15,150 18.50 280,275
2006-12-13 Lisman Bruce M (Director) Buy 1,000 23.33 23,330
2006-09-28 Erdman Zoe P (Senior Vice President) Sale 2,500 23.62 59,050
2006-09-26 Havers Thomas R (Senior Vice President) Option Ex 11,655 18.50 215,617
2006-09-25 Erdman Zoe P (Senior Vice President) Option Ex 3,862 15.50 59,861
2006-08-28 Havers Thomas R (Senior Vice President) Sale 2,500 23.99 59,974
2006-08-21 Havers Thomas R (Senior Vice President) Sale 2,500 24.41 61,025
2006-08-15 Havers Thomas R (Senior Vice President) Sale 2,500 24.19 60,475
2006-06-29 Havers Thomas R (Senior Vice President) Sale 2,500 23.84 59,600
2006-06-23 Havers Thomas R (Senior Vice President) Sale 2,500 24.03 60,075
2006-05-25 Havers Thomas R (Senior Vice President) Sale 2,500 24.09 60,225
2006-03-30 Havers Thomas R (Senior Vice President) Sale 2,500 24.31 60,775
2006-02-22 Havers Thomas R (Senior Vice President) Sale 2,500 24.06 60,150
2006-02-06 Lisman Bruce M (Director) Buy 1,000 24.19 24,190
2006-02-01 Boutin Joseph L (President & CEO) Option Ex 7,490 15.00 112,350
2006-01-06 Tuttle Michael R (President & CEO Merc) Option Ex 25,355 15.00 380,325
2005-12-30 Lawton Lorilee A (Director) Buy 500 24.06 12,030
2005-12-19 Havers Thomas R (Senior Vice Presiden) Sale 1,490 24.05 35,833
2005-12-08 Lawton Lorilee A (Director) Buy 700 24.77 17,342
2005-12-07 Lawton Lorilee A (Director) Buy 300 24.94 7,482
2005-09-30 Havers Thomas R (Senior Vice Presiden) Sale 2,000 25.71 51,420
2005-09-22 Havers Thomas R (Senior Vice Presiden) Sale 2,503 26.33 65,903

Insider trading activities including stock purchases, stock sales, and option exercises of MBVT listed in the above tables cannot be completely guaranteed as to their accuracy. For more insider trading information of Merchants Bancshares Inc (symbol MBVT, CIK number 726517) see the Securities and Exchange Commission (SEC) website.