BUFFALO WILD WINGS INC

CUSIP: 119848109 Class: COMMON STOCK

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

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

Q4 2017
Shares 4,690 Value ($000) $733 Avg Close — Range —
Q3 2017
Shares 4,690 Value ($000) $496 Avg Close — Range —
Q2 2017
Shares 6,570 Value ($000) $832 Avg Close — Range —
Q1 2017
Shares 8,440 Value ($000) $1,289 Avg Close — Range —
Q4 2016
Shares 8,420 Value ($000) $1,300 Avg Close — Range —
Q3 2016
Shares 8,450 Value ($000) $1,189 Avg Close — Range —
Q2 2016
Shares 8,320 Value ($000) $1,156 Avg Close — Range —
Q1 2016
Shares 6,270 Value ($000) $929 Avg Close — Range —
Q4 2015
Shares 6,080 Value ($000) $971 Avg Close — Range —
Q3 2015
Shares 6,110 Value ($000) $1,182 Avg Close — Range —
Q2 2015
Shares 5,940 Value ($000) $931 Avg Close — Range —
Q1 2015
Shares 3,600 Value ($000) $652 Avg Close — Range —
Q4 2014
Shares 4,800 Value ($000) $866 Avg Close — Range —
Q3 2014
Shares 4,800 Value ($000) $644 Avg Close — Range —
Q2 2014
Shares 4,600 Value ($000) $762 Avg Close — Range —
Q1 2014
Shares 4,600 Value ($000) $685 Avg Close — Range —