PANERA BREAD CO

CUSIP: 69840W108 Class: CL A

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

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

Q2 2017
Shares 8,240 Value ($000) $2,593 Avg Close — Range —
Q1 2017
Shares 10,120 Value ($000) $2,650 Avg Close — Range —
Q4 2016
Shares 10,160 Value ($000) $2,084 Avg Close — Range —
Q3 2016
Shares 10,230 Value ($000) $1,992 Avg Close — Range —
Q2 2016
Shares 10,090 Value ($000) $2,138 Avg Close — Range —
Q1 2016
Shares 7,660 Value ($000) $1,569 Avg Close — Range —
Q4 2015
Shares 7,820 Value ($000) $1,523 Avg Close — Range —
Q3 2015
Shares 8,060 Value ($000) $1,559 Avg Close — Range —
Q2 2015
Shares 8,010 Value ($000) $1,400 Avg Close — Range —
Q1 2015
Shares 7,800 Value ($000) $1,248 Avg Close — Range —
Q4 2014
Shares 8,340 Value ($000) $1,458 Avg Close — Range —
Q3 2014
Shares 7,400 Value ($000) $1,204 Avg Close — Range —
Q2 2014
Shares 7,400 Value ($000) $1,109 Avg Close — Range —
Q1 2014
Shares 7,400 Value ($000) $1,306 Avg Close — Range —
Q4 2013
Shares 7,700 Value ($000) $1,361 Avg Close — Range —
Q3 2013
Shares 4,600 Value ($000) $729 Avg Close — Range —