Insider Trades - GRISSOM TAYLOR B

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GRISSOM TAYLOR B: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Monarch Financial Holdings, Inc Director NasdaqCM:MNRK (historical quotes, profile, other insiders)	1-Apr-09	33,129	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
1-Apr-09 4,905 MNRK Option Exercise at $4.20 per share.
(Cost of $20,601)
31-Dec-08 400 MNRK Acquisition (Non Open Market) at $3800 per share.
(Value of $1,520,000)
25-Nov-08 3,564 MNRK Option Exercise at $6.31 per share.
(Cost of $22,488)
17-Jul-08 6,500 MNRK Option Exercise at $4.21 per share.
(Cost of $27,365)
12-Dec-07 360 MNRK Acquisition (Non Open Market) at $0 per share.

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
1-Apr-09	4,905	MNRK	Option Exercise at $4.20 per share. (Cost of $20,601)
31-Dec-08	400	MNRK	Acquisition (Non Open Market) at $3800 per share. (Value of $1,520,000)
25-Nov-08	3,564	MNRK	Option Exercise at $6.31 per share. (Cost of $22,488)
17-Jul-08	6,500	MNRK	Option Exercise at $4.21 per share. (Cost of $27,365)
12-Dec-07	360	MNRK	Acquisition (Non Open Market) at $0 per share.