DARLING INGREDIENTS INC

Ticker: DAR CUSIP: 237266101 Class: COM

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

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

Q1 2020

Shares 30,720 Value ($000) $589 Avg Close $25.36 Range $10.25 - $29.57

Q4 2019

Shares 50,420 Value ($000) $1,416 Avg Close $22.30 Range $18.30 - $28.29

Q3 2019

Shares 49,430 Value ($000) $946 Avg Close $19.54 Range $18.20 - $20.91

Q2 2019

Shares 49,250 Value ($000) $980 Avg Close $20.51 Range $18.63 - $22.30

Q1 2019

Shares 63,270 Value ($000) $1,370 Avg Close $21.11 Range $18.80 - $22.62

Q4 2018

Shares 62,620 Value ($000) $1,205 Avg Close $20.27 Range $17.99 - $22.38

Q2 2018

Shares 61,420 Value ($000) $1,221 Avg Close $18.12 Range $16.36 - $20.36

Q1 2018

Shares 82,420 Value ($000) $1,426 Avg Close $18.17 Range $16.69 - $19.50

Q4 2017

Shares 78,980 Value ($000) $1,432 Avg Close $17.28 Range $15.80 - $18.61

Q3 2017

Shares 80,690 Value ($000) $1,414 Avg Close $16.93 Range $15.50 - $18.65

Q2 2017

Shares 57,770 Value ($000) $909 Avg Close $15.45 Range $14.15 - $16.61

Q1 2017

Shares 54,150 Value ($000) $787 Avg Close $13.17 Range $11.51 - $14.98

Q4 2016

Shares 54,410 Value ($000) $703 Avg Close $13.55 Range $12.80 - $14.88

Q3 2016

Shares 55,080 Value ($000) $744 Avg Close $14.42 Range $12.78 - $15.80

Q2 2016

Shares 54,290 Value ($000) $809 Avg Close $14.46 Range $12.80 - $15.93

Q1 2016

Shares 53,530 Value ($000) $705 Avg Close $10.08 Range $7.78 - $13.20

Q4 2015

Shares 33,640 Value ($000) $354 Avg Close $10.42 Range $9.05 - $11.81

Q3 2015

Shares 32,270 Value ($000) $363 Avg Close $12.78 Range $11.07 - $14.82

Q2 2015

Shares 31,420 Value ($000) $461 Avg Close $14.75 Range $13.60 - $16.22

Q1 2015

Shares 31,000 Value ($000) $434 Avg Close $16.45 Range $13.66 - $18.36

Q4 2014

Shares 42,100 Value ($000) $765 Avg Close $18.08 Range $16.34 - $19.42

Q3 2014

Shares 42,100 Value ($000) $771 Avg Close $19.34 Range $18.32 - $21.00

Q2 2014

Shares 40,600 Value ($000) $849 Avg Close $20.17 Range $18.93 - $21.40

Q1 2014

Shares 38,300 Value ($000) $767 Avg Close $20.04 Range $19.03 - $21.25

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	30,720	$589	$25.36	$10.25 - $29.57
Q4 2019	50,420	$1,416	$22.30	$18.30 - $28.29
Q3 2019	49,430	$946	$19.54	$18.20 - $20.91
Q2 2019	49,250	$980	$20.51	$18.63 - $22.30
Q1 2019	63,270	$1,370	$21.11	$18.80 - $22.62
Q4 2018	62,620	$1,205	$20.27	$17.99 - $22.38
Q2 2018	61,420	$1,221	$18.12	$16.36 - $20.36
Q1 2018	82,420	$1,426	$18.17	$16.69 - $19.50
Q4 2017	78,980	$1,432	$17.28	$15.80 - $18.61
Q3 2017	80,690	$1,414	$16.93	$15.50 - $18.65
Q2 2017	57,770	$909	$15.45	$14.15 - $16.61
Q1 2017	54,150	$787	$13.17	$11.51 - $14.98
Q4 2016	54,410	$703	$13.55	$12.80 - $14.88
Q3 2016	55,080	$744	$14.42	$12.78 - $15.80
Q2 2016	54,290	$809	$14.46	$12.80 - $15.93
Q1 2016	53,530	$705	$10.08	$7.78 - $13.20
Q4 2015	33,640	$354	$10.42	$9.05 - $11.81
Q3 2015	32,270	$363	$12.78	$11.07 - $14.82
Q2 2015	31,420	$461	$14.75	$13.60 - $16.22
Q1 2015	31,000	$434	$16.45	$13.66 - $18.36
Q4 2014	42,100	$765	$18.08	$16.34 - $19.42
Q3 2014	42,100	$771	$19.34	$18.32 - $21.00
Q2 2014	40,600	$849	$20.17	$18.93 - $21.40
Q1 2014	38,300	$767	$20.04	$19.03 - $21.25