PFIZER INC

Ticker: PFE CUSIP: 717081103 Class: COM

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

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

Q2 2020

Shares 82,650 Value ($000) $2,703 Avg Close $25.99 Range $22.75 - $28.30

Q1 2020

Shares 175,020 Value ($000) $5,713 Avg Close $25.83 Range $20.12 - $29.26

Q4 2019

Shares 174,270 Value ($000) $6,828 Avg Close $26.71 Range $24.48 - $28.30

Q3 2019

Shares 165,260 Value ($000) $5,938 Avg Close $27.02 Range $24.03 - $31.23

Q2 2019

Shares 164,230 Value ($000) $7,114 Avg Close $29.22 Range $26.69 - $31.04

Q1 2019

Shares 152,330 Value ($000) $6,469 Avg Close $29.24 Range $27.18 - $30.42

Q4 2018

Shares 231,490 Value ($000) $10,105 Avg Close $30.03 Range $27.84 - $32.00

Q2 2018

Shares 241,410 Value ($000) $8,759 Avg Close $24.30 Range $23.06 - $25.01

Q1 2018

Shares 239,720 Value ($000) $8,508 Avg Close $24.24 Range $22.28 - $26.22

Q4 2017

Shares 237,930 Value ($000) $8,618 Avg Close $23.80 Range $22.47 - $24.83

Q3 2017

Shares 235,510 Value ($000) $8,408 Avg Close $22.25 Range $21.30 - $23.86

Q2 2017

Shares 277,150 Value ($000) $9,309 Avg Close $21.60 Range $20.67 - $22.50

Q1 2017

Shares 270,280 Value ($000) $9,247 Avg Close $21.41 Range $19.77 - $22.46

Q4 2016

Shares 269,110 Value ($000) $8,741 Avg Close $20.50 Range $18.90 - $21.64

Q3 2016

Shares 264,780 Value ($000) $8,968 Avg Close $22.26 Range $21.09 - $23.49

Q2 2016

Shares 264,440 Value ($000) $9,311 Avg Close $21.05 Range $18.31 - $22.30

Q1 2016

Shares 215,700 Value ($000) $6,393 Avg Close $18.68 Range $17.59 - $19.87

Q4 2015

Shares 216,050 Value ($000) $6,974 Avg Close $20.38 Range $19.02 - $22.06

Q3 2015

Shares 214,640 Value ($000) $6,741 Avg Close $20.60 Range $17.41 - $22.12

Q2 2015

Shares 211,500 Value ($000) $7,092 Avg Close $20.78 Range $20.15 - $21.38

Q1 2015

Shares 186,300 Value ($000) $6,481 Avg Close $20.10 Range $18.50 - $21.33

Q4 2014

Shares 220,800 Value ($000) $6,878 Avg Close $17.97 Range $16.27 - $19.76

Q3 2014

Shares 220,800 Value ($000) $6,529 Avg Close $17.45 Range $16.48 - $18.35

Q2 2014

Shares 221,000 Value ($000) $6,559 Avg Close $17.55 Range $16.87 - $18.99

Q1 2014

Shares 221,000 Value ($000) $7,099 Avg Close $18.20 Range $17.09 - $19.15

Q4 2013

Shares 224,000 Value ($000) $6,861 Avg Close $17.62 Range $16.02 - $18.73

Q3 2013

Shares 224,000 Value ($000) $6,431 Avg Close $16.36 Range $15.50 - $17.26

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2020	82,650	$2,703	$25.99	$22.75 - $28.30
Q1 2020	175,020	$5,713	$25.83	$20.12 - $29.26
Q4 2019	174,270	$6,828	$26.71	$24.48 - $28.30
Q3 2019	165,260	$5,938	$27.02	$24.03 - $31.23
Q2 2019	164,230	$7,114	$29.22	$26.69 - $31.04
Q1 2019	152,330	$6,469	$29.24	$27.18 - $30.42
Q4 2018	231,490	$10,105	$30.03	$27.84 - $32.00
Q2 2018	241,410	$8,759	$24.30	$23.06 - $25.01
Q1 2018	239,720	$8,508	$24.24	$22.28 - $26.22
Q4 2017	237,930	$8,618	$23.80	$22.47 - $24.83
Q3 2017	235,510	$8,408	$22.25	$21.30 - $23.86
Q2 2017	277,150	$9,309	$21.60	$20.67 - $22.50
Q1 2017	270,280	$9,247	$21.41	$19.77 - $22.46
Q4 2016	269,110	$8,741	$20.50	$18.90 - $21.64
Q3 2016	264,780	$8,968	$22.26	$21.09 - $23.49
Q2 2016	264,440	$9,311	$21.05	$18.31 - $22.30
Q1 2016	215,700	$6,393	$18.68	$17.59 - $19.87
Q4 2015	216,050	$6,974	$20.38	$19.02 - $22.06
Q3 2015	214,640	$6,741	$20.60	$17.41 - $22.12
Q2 2015	211,500	$7,092	$20.78	$20.15 - $21.38
Q1 2015	186,300	$6,481	$20.10	$18.50 - $21.33
Q4 2014	220,800	$6,878	$17.97	$16.27 - $19.76
Q3 2014	220,800	$6,529	$17.45	$16.48 - $18.35
Q2 2014	221,000	$6,559	$17.55	$16.87 - $18.99
Q1 2014	221,000	$7,099	$18.20	$17.09 - $19.15
Q4 2013	224,000	$6,861	$17.62	$16.02 - $18.73
Q3 2013	224,000	$6,431	$16.36	$15.50 - $17.26