MICROSOFT CORP

Ticker: MSFT CUSIP: 594918104 Class: Common Stock

FIDUCIARY MANAGEMENT INC /WI/'s Holding History (CIK: 0000764532)

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

Q1 2018
Shares 3,443,302 Value ($000) $314,270 Avg Close $84.31 Range $77.10 - $89.85
Q4 2017
Shares 3,830,794 Value ($000) $327,686 Avg Close $75.26 Range $67.45 - $80.48
Q3 2017
Shares 4,135,391 Value ($000) $308,045 Avg Close $66.68 Range $61.92 - $69.52
Q2 2017
Shares 4,207,671 Value ($000) $290,035 Avg Close $62.32 Range $58.70 - $66.35
Q1 2017
Shares 4,493,981 Value ($000) $295,974 Avg Close $57.84 Range $55.73 - $59.91
Q4 2016
Shares 4,476,915 Value ($000) $278,195 Avg Close $53.94 Range $50.33 - $57.67
Q3 2016
Shares 6,113,676 Value ($000) $352,148 Avg Close $50.29 Range $44.75 - $52.45
Q2 2016
Shares 6,458,644 Value ($000) $330,489 Avg Close $45.98 Range $42.66 - $50.07
Q1 2016
Shares 11,182,547 Value ($000) $617,612 Avg Close $46.08 Range $42.20 - $49.07
Q4 2015
Shares 12,273,701 Value ($000) $680,945 Avg Close $45.92 Range $38.05 - $49.78
Q3 2015
Shares 12,958,938 Value ($000) $573,563 Avg Close $38.92 Range $34.55 - $41.83
Q2 2015
Shares 13,062,527 Value ($000) $576,711 Avg Close $39.29 Range $34.44 - $42.53
Q1 2015
Shares 13,312,370 Value ($000) $541,214 Avg Close $37.24 Range $34.29 - $40.84
Q4 2014
Shares 13,503,457 Value ($000) $627,236 Avg Close $39.88 Range $35.66 - $42.40
Q3 2014
Shares 13,667,722 Value ($000) $633,636 Avg Close $37.66 Range $34.56 - $40.29
Q2 2014
Shares 14,020,057 Value ($000) $584,636 Avg Close $33.96 Range $32.19 - $35.60
Q1 2014
Shares 13,545,419 Value ($000) $555,227 Avg Close $31.26 Range $28.73 - $34.69
Q4 2013
Shares 12,127,151 Value ($000) $45,399 Avg Close $30.02 Range $27.01 - $32.34
Q3 2013
Shares 12,055,969 Value ($000) $401,584 Avg Close $27.00 Range $25.36 - $29.79
Q2 2013
Shares 11,970,524 Value ($000) $413,342 Avg Close $26.70 Range $22.82 - $29.26