HERSHA HOSPITALITY TR

CUSIP: 427825104 Class: CMN

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

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

Q2 2014
Shares 87,000 Value ($000) $584 Avg Close — Range —
Q1 2014
Shares 87,000 Value ($000) $507 Avg Close — Range —
Q4 2013
Shares 87,000 Value ($000) $485 Avg Close — Range —
Q3 2013
Shares 127,000 Value ($000) $710 Avg Close — Range —
Q2 2013
Shares 127,000 Value ($000) $716 Avg Close — Range —