MARRIOTT VACATIONS WORLDWIDE

Ticker: VAC CUSIP: 57164Y107 Class: Common Stock

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

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

Q1 2020

Shares 7,025 Value ($000) $390 Avg Close $103.88 Range $30.10 - $129.84

Q4 2019

Shares 7,185 Value ($000) $925 Avg Close $117.07 Range $99.01 - $131.27

Q3 2019

Shares 7,105 Value ($000) $736 Avg Close $98.36 Range $82.43 - $113.08

Q2 2019

Shares 7,275 Value ($000) $701 Avg Close $98.63 Range $87.91 - $108.74

Q1 2019

Shares 7,195 Value ($000) $673 Avg Close $89.81 Range $66.94 - $103.57

Q4 2018

Shares 9,845 Value ($000) $694 Avg Close $83.32 Range $60.68 - $112.75

Q2 2018

Shares 6,670 Value ($000) $753 Avg Close $123.57 Range $107.17 - $138.46

Q1 2018

Shares 9,430 Value ($000) $1,256 Avg Close $141.37 Range $132.26 - $154.14

Q4 2017

Shares 9,170 Value ($000) $1,240 Avg Close $131.94 Range $122.07 - $143.53

Q3 2017

Shares 10,650 Value ($000) $1,326 Avg Close $115.11 Range $107.58 - $125.90

Q2 2017

Shares 7,240 Value ($000) $852 Avg Close $112.85 Range $96.42 - $128.25

Q1 2017

Shares 7,620 Value ($000) $762 Avg Close $89.84 Range $79.79 - $100.12

Q4 2016

Shares 7,530 Value ($000) $639 Avg Close $75.27 Range $59.33 - $89.97

Q3 2016

Shares 7,880 Value ($000) $577 Avg Close $74.21 Range $67.49 - $80.27

Q2 2016

Shares 7,790 Value ($000) $534 Avg Close $62.62 Range $56.33 - $69.97

Q1 2016

Shares 7,740 Value ($000) $522 Avg Close $56.58 Range $45.95 - $70.29

Q4 2015

Shares 5,540 Value ($000) $317 Avg Close $62.11 Range $55.27 - $74.63

Q3 2015

Shares 5,580 Value ($000) $382 Avg Close $78.56 Range $65.35 - $93.40

Q2 2015

Shares 5,330 Value ($000) $489 Avg Close $85.26 Range $77.70 - $92.26

Q1 2015

Shares 5,300 Value ($000) $430 Avg Close $77.36 Range $70.00 - $83.85

Q4 2014

Shares 7,600 Value ($000) $567 Avg Close $69.53 Range $57.48 - $76.29

Q3 2014

Shares 7,600 Value ($000) $482 Avg Close $59.28 Range $55.28 - $64.05

Q2 2014

Shares 7,400 Value ($000) $434 Avg Close $55.97 Range $50.61 - $58.94

Q1 2014

Shares 7,400 Value ($000) $414 Avg Close $51.67 Range $46.63 - $56.20

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	7,025	$390	$103.88	$30.10 - $129.84
Q4 2019	7,185	$925	$117.07	$99.01 - $131.27
Q3 2019	7,105	$736	$98.36	$82.43 - $113.08
Q2 2019	7,275	$701	$98.63	$87.91 - $108.74
Q1 2019	7,195	$673	$89.81	$66.94 - $103.57
Q4 2018	9,845	$694	$83.32	$60.68 - $112.75
Q2 2018	6,670	$753	$123.57	$107.17 - $138.46
Q1 2018	9,430	$1,256	$141.37	$132.26 - $154.14
Q4 2017	9,170	$1,240	$131.94	$122.07 - $143.53
Q3 2017	10,650	$1,326	$115.11	$107.58 - $125.90
Q2 2017	7,240	$852	$112.85	$96.42 - $128.25
Q1 2017	7,620	$762	$89.84	$79.79 - $100.12
Q4 2016	7,530	$639	$75.27	$59.33 - $89.97
Q3 2016	7,880	$577	$74.21	$67.49 - $80.27
Q2 2016	7,790	$534	$62.62	$56.33 - $69.97
Q1 2016	7,740	$522	$56.58	$45.95 - $70.29
Q4 2015	5,540	$317	$62.11	$55.27 - $74.63
Q3 2015	5,580	$382	$78.56	$65.35 - $93.40
Q2 2015	5,330	$489	$85.26	$77.70 - $92.26
Q1 2015	5,300	$430	$77.36	$70.00 - $83.85
Q4 2014	7,600	$567	$69.53	$57.48 - $76.29
Q3 2014	7,600	$482	$59.28	$55.28 - $64.05
Q2 2014	7,400	$434	$55.97	$50.61 - $58.94
Q1 2014	7,400	$414	$51.67	$46.63 - $56.20