RED ROBIN GOURMET BURGERS IN

Ticker: RRGB CUSIP: 75689M101 Class: Common Stock

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

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

Q1 2020

Shares 3,970 Value ($000) $34 Avg Close $26.14 Range $4.04 - $37.29

Q4 2019

Shares 3,970 Value ($000) $131 Avg Close $29.52 Range $25.58 - $34.05

Q3 2019

Shares 3,880 Value ($000) $129 Avg Close $32.84 Range $29.03 - $36.85

Q2 2019

Shares 3,880 Value ($000) $119 Avg Close $30.69 Range $24.57 - $35.48

Q1 2019

Shares 6,650 Value ($000) $192 Avg Close $30.86 Range $25.92 - $34.22

Q4 2018

Shares 6,530 Value ($000) $175 Avg Close $33.67 Range $25.46 - $40.52

Q2 2018

Shares 6,120 Value ($000) $286 Avg Close $56.66 Range $45.85 - $67.10

Q1 2018

Shares 5,180 Value ($000) $300 Avg Close $55.67 Range $51.05 - $63.40

Q4 2017

Shares 4,890 Value ($000) $276 Avg Close $57.54 Range $45.70 - $70.10

Q3 2017

Shares 4,830 Value ($000) $324 Avg Close $60.76 Range $53.25 - $67.20

Q2 2017

Shares 3,040 Value ($000) $198 Avg Close $63.47 Range $54.45 - $74.11

Q1 2017

Shares 2,930 Value ($000) $171 Avg Close $50.22 Range $45.20 - $58.68

Q4 2016

Shares 3,000 Value ($000) $169 Avg Close $50.10 Range $40.85 - $58.65

Q3 2016

Shares 3,030 Value ($000) $136 Avg Close $48.74 Range $44.08 - $54.87

Q2 2016

Shares 2,980 Value ($000) $141 Avg Close $57.76 Range $46.70 - $67.05

Q1 2016

Shares 2,900 Value ($000) $187 Avg Close $62.27 Range $55.79 - $68.97

Q4 2015

Shares 2,860 Value ($000) $177 Avg Close $70.14 Range $60.07 - $82.66

Q3 2015

Shares 2,810 Value ($000) $213 Avg Close $84.12 Range $73.35 - $95.00

Q2 2015

Shares 2,670 Value ($000) $229 Avg Close $82.39 Range $70.90 - $89.70

Q1 2015

Shares 2,600 Value ($000) $226 Avg Close $81.07 Range $71.37 - $89.46

Q4 2014

Shares 3,300 Value ($000) $254 Avg Close $63.49 Range $47.45 - $78.89

Q3 2014

Shares 13,400 Value ($000) $763 Avg Close $60.44 Range $50.50 - $73.68

Q2 2014

Shares 13,300 Value ($000) $947 Avg Close $69.88 Range $60.04 - $75.84

Q1 2014

Shares 13,300 Value ($000) $953 Avg Close $70.38 Range $61.42 - $80.00

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	3,970	$34	$26.14	$4.04 - $37.29
Q4 2019	3,970	$131	$29.52	$25.58 - $34.05
Q3 2019	3,880	$129	$32.84	$29.03 - $36.85
Q2 2019	3,880	$119	$30.69	$24.57 - $35.48
Q1 2019	6,650	$192	$30.86	$25.92 - $34.22
Q4 2018	6,530	$175	$33.67	$25.46 - $40.52
Q2 2018	6,120	$286	$56.66	$45.85 - $67.10
Q1 2018	5,180	$300	$55.67	$51.05 - $63.40
Q4 2017	4,890	$276	$57.54	$45.70 - $70.10
Q3 2017	4,830	$324	$60.76	$53.25 - $67.20
Q2 2017	3,040	$198	$63.47	$54.45 - $74.11
Q1 2017	2,930	$171	$50.22	$45.20 - $58.68
Q4 2016	3,000	$169	$50.10	$40.85 - $58.65
Q3 2016	3,030	$136	$48.74	$44.08 - $54.87
Q2 2016	2,980	$141	$57.76	$46.70 - $67.05
Q1 2016	2,900	$187	$62.27	$55.79 - $68.97
Q4 2015	2,860	$177	$70.14	$60.07 - $82.66
Q3 2015	2,810	$213	$84.12	$73.35 - $95.00
Q2 2015	2,670	$229	$82.39	$70.90 - $89.70
Q1 2015	2,600	$226	$81.07	$71.37 - $89.46
Q4 2014	3,300	$254	$63.49	$47.45 - $78.89
Q3 2014	13,400	$763	$60.44	$50.50 - $73.68
Q2 2014	13,300	$947	$69.88	$60.04 - $75.84
Q1 2014	13,300	$953	$70.38	$61.42 - $80.00