MARCUS & MILLICHAP INC

Ticker: MMI CUSIP: 566324109 Class: Common Stock

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

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

Q1 2020

Shares 7,180 Value ($000) $195 Avg Close $31.13 Range $20.27 - $35.39

Q4 2019

Shares 7,180 Value ($000) $267 Avg Close $33.29 Range $25.77 - $35.40

Q3 2019

Shares 7,040 Value ($000) $250 Avg Close $31.58 Range $28.13 - $35.23

Q2 2019

Shares 6,380 Value ($000) $197 Avg Close $33.62 Range $27.30 - $40.27

Q1 2019

Shares 6,230 Value ($000) $254 Avg Close $35.47 Range $30.68 - $37.79

Q4 2018

Shares 6,140 Value ($000) $211 Avg Close $31.71 Range $28.38 - $34.78

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	7,180	$195	$31.13	$20.27 - $35.39
Q4 2019	7,180	$267	$33.29	$25.77 - $35.40
Q3 2019	7,040	$250	$31.58	$28.13 - $35.23
Q2 2019	6,380	$197	$33.62	$27.30 - $40.27
Q1 2019	6,230	$254	$35.47	$30.68 - $37.79
Q4 2018	6,140	$211	$31.71	$28.38 - $34.78