CALLAWAY GOLF CO

Ticker: CALY CUSIP: 131193104 Class: Common Stock

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

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

Q1 2020

Shares 29,150 Value ($000) $298 Avg Close $17.22 Range $4.75 - $22.30

Q4 2019

Shares 28,800 Value ($000) $611 Avg Close $20.45 Range $17.90 - $21.70

Q3 2019

Shares 28,230 Value ($000) $548 Avg Close $18.13 Range $16.44 - $20.12

Q2 2019

Shares 33,600 Value ($000) $577 Avg Close $16.47 Range $14.47 - $18.46

Q1 2019

Shares 32,030 Value ($000) $510 Avg Close $16.40 Range $14.88 - $17.63

Q4 2018

Shares 31,670 Value ($000) $485 Avg Close $19.92 Range $14.39 - $24.31

Q2 2018

Shares 26,620 Value ($000) $505 Avg Close $18.23 Range $15.97 - $20.73

Q1 2018

Shares 44,650 Value ($000) $730 Avg Close $15.14 Range $13.41 - $16.60

Q4 2017

Shares 42,570 Value ($000) $593 Avg Close $14.25 Range $13.51 - $15.53

Q3 2017

Shares 41,680 Value ($000) $601 Avg Close $13.15 Range $12.27 - $14.40

Q2 2017

Shares 28,790 Value ($000) $368 Avg Close $12.19 Range $10.84 - $13.24

Q1 2017

Shares 27,960 Value ($000) $310 Avg Close $10.85 Range $9.84 - $11.89

Q4 2016

Shares 27,600 Value ($000) $303 Avg Close $11.23 Range $9.68 - $12.44

Q3 2016

Shares 21,140 Value ($000) $245 Avg Close $11.04 Range $9.40 - $11.79

Q2 2016

Shares 21,260 Value ($000) $217 Avg Close $9.52 Range $8.81 - $10.51

Q1 2016

Shares 20,680 Value ($000) $189 Avg Close $8.66 Range $7.90 - $9.51

Q4 2015

Shares 18,800 Value ($000) $177 Avg Close $9.49 Range $8.02 - $10.17

Q3 2015

Shares 15,330 Value ($000) $128 Avg Close $8.63 Range $7.86 - $9.32

Q2 2015

Shares 15,000 Value ($000) $134 Avg Close $9.40 Range $8.71 - $10.04

Q1 2015

Shares 14,600 Value ($000) $139 Avg Close $8.36 Range $7.39 - $9.63

Q4 2014

Shares 19,800 Value ($000) $152 Avg Close $7.30 Range $6.67 - $7.99

Q3 2014

Shares 19,800 Value ($000) $143 Avg Close $7.72 Range $7.11 - $8.94

Q2 2014

Shares 19,100 Value ($000) $159 Avg Close $8.43 Range $7.35 - $10.14

Q1 2014

Shares 18,100 Value ($000) $185 Avg Close $8.53 Range $7.80 - $10.04

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	29,150	$298	$17.22	$4.75 - $22.30
Q4 2019	28,800	$611	$20.45	$17.90 - $21.70
Q3 2019	28,230	$548	$18.13	$16.44 - $20.12
Q2 2019	33,600	$577	$16.47	$14.47 - $18.46
Q1 2019	32,030	$510	$16.40	$14.88 - $17.63
Q4 2018	31,670	$485	$19.92	$14.39 - $24.31
Q2 2018	26,620	$505	$18.23	$15.97 - $20.73
Q1 2018	44,650	$730	$15.14	$13.41 - $16.60
Q4 2017	42,570	$593	$14.25	$13.51 - $15.53
Q3 2017	41,680	$601	$13.15	$12.27 - $14.40
Q2 2017	28,790	$368	$12.19	$10.84 - $13.24
Q1 2017	27,960	$310	$10.85	$9.84 - $11.89
Q4 2016	27,600	$303	$11.23	$9.68 - $12.44
Q3 2016	21,140	$245	$11.04	$9.40 - $11.79
Q2 2016	21,260	$217	$9.52	$8.81 - $10.51
Q1 2016	20,680	$189	$8.66	$7.90 - $9.51
Q4 2015	18,800	$177	$9.49	$8.02 - $10.17
Q3 2015	15,330	$128	$8.63	$7.86 - $9.32
Q2 2015	15,000	$134	$9.40	$8.71 - $10.04
Q1 2015	14,600	$139	$8.36	$7.39 - $9.63
Q4 2014	19,800	$152	$7.30	$6.67 - $7.99
Q3 2014	19,800	$143	$7.72	$7.11 - $8.94
Q2 2014	19,100	$159	$8.43	$7.35 - $10.14
Q1 2014	18,100	$185	$8.53	$7.80 - $10.04