AMERICAN PUBLIC EDUCATION IN

Ticker: APEI CUSIP: 02913V103 Class: Common Stock

VIRGINIA RETIREMENT SYSTEMS ET AL's Holding History (CIK: 0001005354)

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

Q2 2020

Shares 11,800 Value ($000) $349 Avg Close $27.98 Range $20.56 - $34.63

Q1 2020

Shares 13,000 Value ($000) $311 Avg Close $24.34 Range $18.47 - $29.54

Q4 2019

Shares 15,700 Value ($000) $430 Avg Close $24.43 Range $21.51 - $29.00

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2020	11,800	$349	$27.98	$20.56 - $34.63
Q1 2020	13,000	$311	$24.34	$18.47 - $29.54
Q4 2019	15,700	$430	$24.43	$21.51 - $29.00