ADOBE INC

Ticker: ADBE CUSIP: 00724F101 Class: COM

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q2 2020

Shares 8,460 Value ($000) $3,683 Avg Close $370.53 Range $289.71 - $446.15

Q1 2020

Shares 19,950 Value ($000) $6,349 Avg Close $342.05 Range $255.13 - $386.75

Q4 2019

Shares 19,910 Value ($000) $6,567 Avg Close $294.23 Range $259.57 - $332.88

Q3 2019

Shares 19,360 Value ($000) $5,348 Avg Close $291.94 Range $267.73 - $313.11

Q2 2019

Shares 19,270 Value ($000) $5,678 Avg Close $277.72 Range $257.46 - $304.00

Q1 2019

Shares 19,120 Value ($000) $5,095 Avg Close $252.10 Range $215.15 - $269.80

Q4 2018

Shares 25,660 Value ($000) $5,805 Avg Close $241.40 Range $204.95 - $277.03

Q2 2018

Shares 27,260 Value ($000) $6,647 Avg Close $236.55 Range $207.22 - $258.91

Q1 2018

Shares 20,950 Value ($000) $4,527 Avg Close $203.33 Range $175.26 - $231.34

Q4 2017

Shares 20,820 Value ($000) $3,648 Avg Close $172.04 Range $146.60 - $186.27

Q3 2017

Shares 20,820 Value ($000) $3,106 Avg Close $149.24 Range $138.31 - $157.89

Q2 2017

Shares 24,110 Value ($000) $3,410 Avg Close $136.92 Range $128.21 - $147.45

Q1 2017

Shares 16,040 Value ($000) $2,087 Avg Close $117.37 Range $102.81 - $130.69

Q4 2016

Shares 15,960 Value ($000) $1,643 Avg Close $105.86 Range $98.00 - $111.09

Q3 2016

Shares 22,280 Value ($000) $2,418 Avg Close $100.34 Range $94.06 - $109.76

Q2 2016

Shares 22,240 Value ($000) $2,131 Avg Close $96.05 Range $90.35 - $100.56

Q1 2016

Shares 17,610 Value ($000) $1,652 Avg Close $86.68 Range $71.27 - $98.00

Q4 2015

Shares 17,300 Value ($000) $1,625 Avg Close $89.84 Range $79.02 - $96.42

Q3 2015

Shares 17,170 Value ($000) $1,412 Avg Close $81.07 Range $71.33 - $87.25

Q2 2015

Shares 16,070 Value ($000) $1,302 Avg Close $78.03 Range $72.78 - $84.36

Q1 2015

Shares 14,000 Value ($000) $1,035 Avg Close $74.59 Range $68.98 - $80.30

Q4 2014

Shares 16,000 Value ($000) $1,163 Avg Close $70.09 Range $58.51 - $77.56

Q3 2014

Shares 16,000 Value ($000) $1,107 Avg Close $70.88 Range $65.79 - $73.99

Q2 2014

Shares 15,800 Value ($000) $1,143 Avg Close $64.50 Range $57.15 - $74.69

Q1 2014

Shares 15,800 Value ($000) $1,039 Avg Close $64.14 Range $57.32 - $71.11

Q4 2013

Shares 16,700 Value ($000) $1,000 Avg Close $55.25 Range $48.87 - $61.09

Q3 2013

Shares 16,700 Value ($000) $867 Avg Close $47.71 Range $44.70 - $52.96

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2020	8,460	$3,683	$370.53	$289.71 - $446.15
Q1 2020	19,950	$6,349	$342.05	$255.13 - $386.75
Q4 2019	19,910	$6,567	$294.23	$259.57 - $332.88
Q3 2019	19,360	$5,348	$291.94	$267.73 - $313.11
Q2 2019	19,270	$5,678	$277.72	$257.46 - $304.00
Q1 2019	19,120	$5,095	$252.10	$215.15 - $269.80
Q4 2018	25,660	$5,805	$241.40	$204.95 - $277.03
Q2 2018	27,260	$6,647	$236.55	$207.22 - $258.91
Q1 2018	20,950	$4,527	$203.33	$175.26 - $231.34
Q4 2017	20,820	$3,648	$172.04	$146.60 - $186.27
Q3 2017	20,820	$3,106	$149.24	$138.31 - $157.89
Q2 2017	24,110	$3,410	$136.92	$128.21 - $147.45
Q1 2017	16,040	$2,087	$117.37	$102.81 - $130.69
Q4 2016	15,960	$1,643	$105.86	$98.00 - $111.09
Q3 2016	22,280	$2,418	$100.34	$94.06 - $109.76
Q2 2016	22,240	$2,131	$96.05	$90.35 - $100.56
Q1 2016	17,610	$1,652	$86.68	$71.27 - $98.00
Q4 2015	17,300	$1,625	$89.84	$79.02 - $96.42
Q3 2015	17,170	$1,412	$81.07	$71.33 - $87.25
Q2 2015	16,070	$1,302	$78.03	$72.78 - $84.36
Q1 2015	14,000	$1,035	$74.59	$68.98 - $80.30
Q4 2014	16,000	$1,163	$70.09	$58.51 - $77.56
Q3 2014	16,000	$1,107	$70.88	$65.79 - $73.99
Q2 2014	15,800	$1,143	$64.50	$57.15 - $74.69
Q1 2014	15,800	$1,039	$64.14	$57.32 - $71.11
Q4 2013	16,700	$1,000	$55.25	$48.87 - $61.09
Q3 2013	16,700	$867	$47.71	$44.70 - $52.96