PACIFIC ETHANOL INC

CUSIP: 69423U305 Class: COM

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

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

Q2 2018
Shares 290,440 Value ($000) $755 Avg Close — Range —
Q1 2018
Shares 290,440 Value ($000) $871 Avg Close — Range —
Q4 2017
Shares 290,440 Value ($000) $1,322 Avg Close — Range —
Q3 2017
Shares 204,010 Value ($000) $1,132 Avg Close — Range —
Q2 2017
Shares 204,010 Value ($000) $1,275 Avg Close — Range —
Q1 2016
Shares 85,300 Value ($000) $399 Avg Close — Range —
Q4 2015
Shares 112,620 Value ($000) $538 Avg Close — Range —
Q3 2015
Shares 112,620 Value ($000) $731 Avg Close — Range —
Q2 2015
Shares 70,300 Value ($000) $725 Avg Close — Range —
Q1 2015
Shares 70,300 Value ($000) $759 Avg Close — Range —
Q4 2014
Shares 70,300 Value ($000) $726 Avg Close — Range —