X0306 4 2019-09-01 1 0001118237 MBT FINANCIAL CORP MBTF 0001244307 DALY JOSEPH S 102 E. FRONT ST. MONROE MI 48161 1 Common Stock 2019-09-01 4 A 0 46620 9.90 A 256928 D Common Stock 2019-09-01 4 M 0 102182 9.84 A 359110 D Common Stock 2019-09-01 4 D 0 359110 D 0 D Common Stock Units 0 2019-09-01 4 M 0 102182 9.84 D Common Stock 102182 0 D Acquired pursuant to the Settlement Agreement dated October 9, 2018 between the director and Monroe Bank & Trust ("Bank"), the issuer's wholly-owned subsidiary, in exchange for the settlement and termination of the insider's interest in the Bank's Death Benefit Only Plan valued at $461,764. Shares of common stock will be delivered to the director on the earlier of December 31, 2026 or within 60 days following termination of service, death, or disability. The common stock units do not have an expiration date. Disposed of pursuant to the merger agreement between the issuer and First Merchants Corporation ("First Merchants"), each share of which was converted into 0.2750 shares of First Merchants common stock having a market value of $35.72 per share on the effective date of the merger. /s/ John L. Skibski, Attorney in fact 2019-09-04