ALEXANDRIA REAL ESTATE EQ IN

Ticker: ARE CUSIP: 015271109 Class: COM

Independent Order of Foresters's Holding History (CIK: 0001538037)

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

Q1 2018

Shares 7,948 Value ($000) $993 Avg Close $92.80 Range $85.24 - $97.95

Q4 2017

Shares 7,948 Value ($000) $1,038 Avg Close $93.55 Range $87.94 - $99.78

Q3 2017

Shares 9,404 Value ($000) $1,119 Avg Close $88.57 Range $85.66 - $91.33

Q2 2017

Shares 9,404 Value ($000) $1,133 Avg Close $85.21 Range $80.40 - $89.60

Q1 2017

Shares 9,404 Value ($000) $1,039 Avg Close $82.08 Range $77.65 - $87.87

Q4 2016

Shares 11,504 Value ($000) $1,278 Avg Close $77.41 Range $73.18 - $82.20

Q3 2016

Shares 13,174 Value ($000) $1,433 Avg Close $77.99 Range $71.96 - $82.08

Q2 2016

Shares 14,174 Value ($000) $1,467 Avg Close $67.81 Range $63.50 - $74.16

Q1 2016

Shares 20,474 Value ($000) $1,861 Avg Close $57.33 Range $49.75 - $64.79

Q4 2015

Shares 20,474 Value ($000) $1,850 Avg Close $63.09 Range $58.56 - $67.59

Q3 2015

Shares 19,150 Value ($000) $1,621 Avg Close $62.22 Range $57.35 - $65.86

Q2 2015

Shares 12,350 Value ($000) $1,080 Avg Close $63.65 Range $60.07 - $67.47

Q1 2015

Shares 10,550 Value ($000) $1,034 Avg Close $65.65 Range $60.25 - $70.07

Q4 2014

Shares 10,550 Value ($000) $936 Avg Close $56.46 Range $49.57 - $61.75

Q3 2014

Shares 15,150 Value ($000) $1,117 Avg Close $52.04 Range $48.84 - $53.90

Q2 2014

Shares 6,150 Value ($000) $477 Avg Close $49.70 Range $46.99 - $52.10

Q1 2014

Shares 6,150 Value ($000) $446 Avg Close $46.07 Range $41.26 - $48.74

Q4 2013

Shares 6,150 Value ($000) $391 Avg Close $41.68 Range $39.62 - $44.10

Q3 2013

Shares 6,150 Value ($000) $393 Avg Close $42.34 Range $39.07 - $45.76

Q2 2013

Shares 6,150 Value ($000) $404 Avg Close $44.92 Range $38.88 - $49.83

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	7,948	$993	$92.80	$85.24 - $97.95
Q4 2017	7,948	$1,038	$93.55	$87.94 - $99.78
Q3 2017	9,404	$1,119	$88.57	$85.66 - $91.33
Q2 2017	9,404	$1,133	$85.21	$80.40 - $89.60
Q1 2017	9,404	$1,039	$82.08	$77.65 - $87.87
Q4 2016	11,504	$1,278	$77.41	$73.18 - $82.20
Q3 2016	13,174	$1,433	$77.99	$71.96 - $82.08
Q2 2016	14,174	$1,467	$67.81	$63.50 - $74.16
Q1 2016	20,474	$1,861	$57.33	$49.75 - $64.79
Q4 2015	20,474	$1,850	$63.09	$58.56 - $67.59
Q3 2015	19,150	$1,621	$62.22	$57.35 - $65.86
Q2 2015	12,350	$1,080	$63.65	$60.07 - $67.47
Q1 2015	10,550	$1,034	$65.65	$60.25 - $70.07
Q4 2014	10,550	$936	$56.46	$49.57 - $61.75
Q3 2014	15,150	$1,117	$52.04	$48.84 - $53.90
Q2 2014	6,150	$477	$49.70	$46.99 - $52.10
Q1 2014	6,150	$446	$46.07	$41.26 - $48.74
Q4 2013	6,150	$391	$41.68	$39.62 - $44.10
Q3 2013	6,150	$393	$42.34	$39.07 - $45.76
Q2 2013	6,150	$404	$44.92	$38.88 - $49.83