MOVADO GROUP INC

Ticker: MOV CUSIP: 624580106 Class: COM

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

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

Q1 2020

Shares 18,850 Value ($000) $223 Avg Close $15.79 Range $8.12 - $21.90

Q4 2019

Shares 18,850 Value ($000) $410 Avg Close $23.39 Range $18.05 - $28.78

Q3 2019

Shares 18,850 Value ($000) $469 Avg Close $24.81 Range $18.78 - $27.56

Q2 2019

Shares 21,460 Value ($000) $579 Avg Close $31.44 Range $24.48 - $37.01

Q1 2019

Shares 4,800 Value ($000) $175 Avg Close $33.52 Range $30.80 - $40.21

Q4 2018

Shares 4,710 Value ($000) $149 Avg Close $36.89 Range $28.76 - $44.39

Q2 2018

Shares 19,010 Value ($000) $918 Avg Close $43.17 Range $36.05 - $53.73

Q1 2018

Shares 23,860 Value ($000) $916 Avg Close $31.92 Range $28.15 - $42.25

Q4 2017

Shares 23,440 Value ($000) $754 Avg Close $28.98 Range $26.09 - $33.70

Q3 2017

Shares 23,440 Value ($000) $656 Avg Close $25.39 Range $21.50 - $29.95

Q2 2017

Shares 21,220 Value ($000) $536 Avg Close $23.08 Range $20.50 - $25.30

Q1 2017

Shares 6,620 Value ($000) $165 Avg Close $25.34 Range $21.00 - $29.40

Q4 2016

Shares 6,620 Value ($000) $191 Avg Close $25.77 Range $20.60 - $31.95

Q3 2016

Shares 5,720 Value ($000) $123 Avg Close $22.40 Range $20.23 - $24.66

Q2 2016

Shares 5,660 Value ($000) $122 Avg Close $24.51 Range $19.14 - $29.30

Q1 2016

Shares 14,070 Value ($000) $388 Avg Close $26.77 Range $21.62 - $30.98

Q4 2015

Shares 17,870 Value ($000) $459 Avg Close $26.07 Range $21.25 - $27.98

Q3 2015

Shares 17,900 Value ($000) $462 Avg Close $26.00 Range $21.18 - $29.27

Q2 2015

Shares 3,260 Value ($000) $89 Avg Close $28.81 Range $25.47 - $32.21

Q1 2015

Shares 3,400 Value ($000) $97 Avg Close $25.09 Range $22.66 - $31.71

Q4 2014

Shares 4,600 Value ($000) $131 Avg Close $31.09 Range $25.10 - $39.44

Q3 2014

Shares 4,600 Value ($000) $152 Avg Close $39.17 Range $33.06 - $44.93

Q2 2014

Shares 4,400 Value ($000) $183 Avg Close $40.35 Range $35.07 - $46.23

Q1 2014

Shares 4,400 Value ($000) $200 Avg Close $40.76 Range $34.77 - $48.27

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	18,850	$223	$15.79	$8.12 - $21.90
Q4 2019	18,850	$410	$23.39	$18.05 - $28.78
Q3 2019	18,850	$469	$24.81	$18.78 - $27.56
Q2 2019	21,460	$579	$31.44	$24.48 - $37.01
Q1 2019	4,800	$175	$33.52	$30.80 - $40.21
Q4 2018	4,710	$149	$36.89	$28.76 - $44.39
Q2 2018	19,010	$918	$43.17	$36.05 - $53.73
Q1 2018	23,860	$916	$31.92	$28.15 - $42.25
Q4 2017	23,440	$754	$28.98	$26.09 - $33.70
Q3 2017	23,440	$656	$25.39	$21.50 - $29.95
Q2 2017	21,220	$536	$23.08	$20.50 - $25.30
Q1 2017	6,620	$165	$25.34	$21.00 - $29.40
Q4 2016	6,620	$191	$25.77	$20.60 - $31.95
Q3 2016	5,720	$123	$22.40	$20.23 - $24.66
Q2 2016	5,660	$122	$24.51	$19.14 - $29.30
Q1 2016	14,070	$388	$26.77	$21.62 - $30.98
Q4 2015	17,870	$459	$26.07	$21.25 - $27.98
Q3 2015	17,900	$462	$26.00	$21.18 - $29.27
Q2 2015	3,260	$89	$28.81	$25.47 - $32.21
Q1 2015	3,400	$97	$25.09	$22.66 - $31.71
Q4 2014	4,600	$131	$31.09	$25.10 - $39.44
Q3 2014	4,600	$152	$39.17	$33.06 - $44.93
Q2 2014	4,400	$183	$40.35	$35.07 - $46.23
Q1 2014	4,400	$200	$40.76	$34.77 - $48.27