AMERICAN PUBLIC EDUCATION IN

Ticker: APEI CUSIP: 02913V103 Class: Common Stock

Employees Retirement System of Texas's Holding History (CIK: 0001398739)

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

Q3 2015
Shares 34,000 Value ($000) $797 Avg Close $23.89 Range $19.22 - $27.26
Q2 2015
Shares 34,000 Value ($000) $874 Avg Close $26.99 Range $21.30 - $32.56
Q1 2015
Shares 34,000 Value ($000) $1,019 Avg Close $33.33 Range $29.13 - $37.08
Q4 2014
Shares 34,000 Value ($000) $1,254 Avg Close $32.47 Range $26.24 - $37.46
Q3 2014
Shares 34,000 Value ($000) $918 Avg Close $31.51 Range $26.98 - $36.47
Q2 2014
Shares 34,000 Value ($000) $1,169 Avg Close $34.85 Range $32.51 - $38.00
Q1 2014
Shares 34,000 Value ($000) $1,193 Avg Close $40.58 Range $33.47 - $46.62
Q4 2013
Shares 34,000 Value ($000) $1,478 Avg Close $41.26 Range $34.40 - $46.69
Q3 2013
Shares 34,000 Value ($000) $1,285 Avg Close $39.36 Range $36.65 - $41.15
Q2 2013
Shares 34,000 Value ($000) $1,263 Avg Close $36.06 Range $31.95 - $39.85