ANIKA THERAPEUTICS INC

Ticker: ANIK CUSIP: 035255108 Class: COM

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

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

Q1 2020

Shares 21,880 Value ($000) $633 Avg Close $40.45 Range $22.01 - $55.10

Q4 2019

Shares 21,680 Value ($000) $1,124 Avg Close $58.09 Range $51.37 - $75.72

Q3 2019

Shares 21,600 Value ($000) $1,185 Avg Close $51.34 Range $39.45 - $58.93

Q2 2019

Shares 21,710 Value ($000) $882 Avg Close $36.46 Range $29.98 - $41.88

Q1 2019

Shares 13,410 Value ($000) $406 Avg Close $34.25 Range $29.01 - $40.71

Q4 2018

Shares 4,160 Value ($000) $140 Avg Close $36.09 Range $29.58 - $43.45

Q2 2018

Shares 4,160 Value ($000) $133 Avg Close $41.18 Range $28.54 - $49.75

Q1 2018

Shares 5,870 Value ($000) $292 Avg Close $56.50 Range $45.74 - $69.81

Q4 2017

Shares 5,500 Value ($000) $297 Avg Close $55.35 Range $51.10 - $60.29

Q3 2017

Shares 5,500 Value ($000) $319 Avg Close $52.27 Range $45.09 - $59.28

Q2 2017

Shares 3,450 Value ($000) $170 Avg Close $46.05 Range $42.51 - $49.99

Q1 2017

Shares 3,350 Value ($000) $146 Avg Close $47.74 Range $41.64 - $52.39

Q4 2016

Shares 3,350 Value ($000) $164 Avg Close $46.23 Range $41.38 - $50.19

Q3 2016

Shares 3,180 Value ($000) $152 Avg Close $49.40 Range $45.25 - $54.96

Q2 2016

Shares 3,130 Value ($000) $168 Avg Close $47.12 Range $42.36 - $53.68

Q1 2016

Shares 3,050 Value ($000) $136 Avg Close $40.56 Range $35.07 - $47.24

Q4 2015

Shares 2,960 Value ($000) $113 Avg Close $38.25 Range $30.94 - $43.82

Q3 2015

Shares 2,930 Value ($000) $93 Avg Close $34.87 Range $30.93 - $39.24

Q2 2015

Shares 26,830 Value ($000) $886 Avg Close $35.67 Range $31.36 - $41.30

Q1 2015

Shares 26,700 Value ($000) $1,099 Avg Close $40.43 Range $37.05 - $45.35

Q4 2014

Shares 22,600 Value ($000) $921 Avg Close $39.09 Range $34.16 - $43.24

Q3 2014

Shares 12,900 Value ($000) $473 Avg Close $43.21 Range $35.39 - $50.89

Q2 2014

Shares 12,600 Value ($000) $584 Avg Close $44.47 Range $35.62 - $51.40

Q1 2014

Shares 12,600 Value ($000) $518 Avg Close $37.17 Range $28.79 - $52.49

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	21,880	$633	$40.45	$22.01 - $55.10
Q4 2019	21,680	$1,124	$58.09	$51.37 - $75.72
Q3 2019	21,600	$1,185	$51.34	$39.45 - $58.93
Q2 2019	21,710	$882	$36.46	$29.98 - $41.88
Q1 2019	13,410	$406	$34.25	$29.01 - $40.71
Q4 2018	4,160	$140	$36.09	$29.58 - $43.45
Q2 2018	4,160	$133	$41.18	$28.54 - $49.75
Q1 2018	5,870	$292	$56.50	$45.74 - $69.81
Q4 2017	5,500	$297	$55.35	$51.10 - $60.29
Q3 2017	5,500	$319	$52.27	$45.09 - $59.28
Q2 2017	3,450	$170	$46.05	$42.51 - $49.99
Q1 2017	3,350	$146	$47.74	$41.64 - $52.39
Q4 2016	3,350	$164	$46.23	$41.38 - $50.19
Q3 2016	3,180	$152	$49.40	$45.25 - $54.96
Q2 2016	3,130	$168	$47.12	$42.36 - $53.68
Q1 2016	3,050	$136	$40.56	$35.07 - $47.24
Q4 2015	2,960	$113	$38.25	$30.94 - $43.82
Q3 2015	2,930	$93	$34.87	$30.93 - $39.24
Q2 2015	26,830	$886	$35.67	$31.36 - $41.30
Q1 2015	26,700	$1,099	$40.43	$37.05 - $45.35
Q4 2014	22,600	$921	$39.09	$34.16 - $43.24
Q3 2014	12,900	$473	$43.21	$35.39 - $50.89
Q2 2014	12,600	$584	$44.47	$35.62 - $51.40
Q1 2014	12,600	$518	$37.17	$28.79 - $52.49