PUBLIC STORAGE

Ticker: PSA CUSIP: 74460D109 Class: COM

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

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

Q1 2020

Shares 2,130 Value ($000) $423 Avg Close $166.60 Range $121.83 - $181.18

Q4 2019

Shares 2,130 Value ($000) $454 Avg Close $170.95 Range $157.47 - $191.49

Q3 2019

Shares 2,110 Value ($000) $518 Avg Close $191.87 Range $178.32 - $203.48

Q2 2019

Shares 2,080 Value ($000) $495 Avg Close $173.84 Range $160.88 - $187.72

Q1 2019

Shares 2,040 Value ($000) $444 Avg Close $157.22 Range $145.34 - $171.02

Q4 2018

Shares 4,020 Value ($000) $814 Avg Close $151.89 Range $144.13 - $160.93

Q2 2018

Shares 3,970 Value ($000) $901 Avg Close $152.08 Range $139.95 - $169.25

Q1 2018

Shares 3,870 Value ($000) $776 Avg Close $140.87 Range $130.22 - $151.64

Q4 2017

Shares 3,870 Value ($000) $809 Avg Close $151.35 Range $141.59 - $156.89

Q3 2017

Shares 3,870 Value ($000) $828 Avg Close $146.67 Range $136.04 - $155.71

Q2 2017

Shares 4,790 Value ($000) $999 Avg Close $151.11 Range $141.61 - $162.82

Q1 2017

Shares 4,790 Value ($000) $1,049 Avg Close $154.24 Range $147.64 - $160.84

Q4 2016

Shares 4,790 Value ($000) $1,071 Avg Close $146.80 Range $138.14 - $155.51

Q3 2016

Shares 4,660 Value ($000) $1,040 Avg Close $159.74 Range $146.43 - $178.09

Q2 2016

Shares 4,650 Value ($000) $1,188 Avg Close $174.22 Range $160.44 - $188.13

Q1 2016

Shares 4,520 Value ($000) $1,247 Avg Close $170.08 Range $151.28 - $187.61

Q4 2015

Shares 4,430 Value ($000) $1,097 Avg Close $156.77 Range $140.96 - $170.95

Q3 2015

Shares 4,400 Value ($000) $931 Avg Close $135.28 Range $120.68 - $144.48

Q2 2015

Shares 6,670 Value ($000) $1,230 Avg Close $126.21 Range $121.23 - $131.75

Q1 2015

Shares 4,300 Value ($000) $848 Avg Close $129.33 Range $120.62 - $134.87

Q4 2014

Shares 5,000 Value ($000) $924 Avg Close $117.31 Range $106.77 - $123.85

Q3 2014

Shares 5,000 Value ($000) $829 Avg Close $110.47 Range $105.02 - $114.38

Q2 2014

Shares 4,900 Value ($000) $840 Avg Close $109.31 Range $106.54 - $112.47

Q1 2014

Shares 4,900 Value ($000) $826 Avg Close $102.35 Range $93.43 - $108.62

Q4 2013

Shares 4,800 Value ($000) $722 Avg Close $100.16 Range $92.86 - $110.50

Q3 2013

Shares 4,800 Value ($000) $771 Avg Close $98.46 Range $92.73 - $105.26

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	2,130	$423	$166.60	$121.83 - $181.18
Q4 2019	2,130	$454	$170.95	$157.47 - $191.49
Q3 2019	2,110	$518	$191.87	$178.32 - $203.48
Q2 2019	2,080	$495	$173.84	$160.88 - $187.72
Q1 2019	2,040	$444	$157.22	$145.34 - $171.02
Q4 2018	4,020	$814	$151.89	$144.13 - $160.93
Q2 2018	3,970	$901	$152.08	$139.95 - $169.25
Q1 2018	3,870	$776	$140.87	$130.22 - $151.64
Q4 2017	3,870	$809	$151.35	$141.59 - $156.89
Q3 2017	3,870	$828	$146.67	$136.04 - $155.71
Q2 2017	4,790	$999	$151.11	$141.61 - $162.82
Q1 2017	4,790	$1,049	$154.24	$147.64 - $160.84
Q4 2016	4,790	$1,071	$146.80	$138.14 - $155.51
Q3 2016	4,660	$1,040	$159.74	$146.43 - $178.09
Q2 2016	4,650	$1,188	$174.22	$160.44 - $188.13
Q1 2016	4,520	$1,247	$170.08	$151.28 - $187.61
Q4 2015	4,430	$1,097	$156.77	$140.96 - $170.95
Q3 2015	4,400	$931	$135.28	$120.68 - $144.48
Q2 2015	6,670	$1,230	$126.21	$121.23 - $131.75
Q1 2015	4,300	$848	$129.33	$120.62 - $134.87
Q4 2014	5,000	$924	$117.31	$106.77 - $123.85
Q3 2014	5,000	$829	$110.47	$105.02 - $114.38
Q2 2014	4,900	$840	$109.31	$106.54 - $112.47
Q1 2014	4,900	$826	$102.35	$93.43 - $108.62
Q4 2013	4,800	$722	$100.16	$92.86 - $110.50
Q3 2013	4,800	$771	$98.46	$92.73 - $105.26