SHUTTERSTOCK INC

Ticker: SSTK CUSIP: 825690100 Class: Common Stock

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

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

Q1 2020
Shares 5,930 Value ($000) $191 Avg Close $39.97 Range $28.76 - $45.32
Q4 2019
Shares 5,780 Value ($000) $248 Avg Close $40.12 Range $33.93 - $45.98
Q3 2019
Shares 5,620 Value ($000) $203 Avg Close $36.71 Range $33.26 - $40.32
Q2 2019
Shares 5,540 Value ($000) $217 Avg Close $41.50 Range $37.24 - $48.34
Q1 2019
Shares 5,440 Value ($000) $254 Avg Close $42.19 Range $33.90 - $50.09
Q4 2018
Shares 5,360 Value ($000) $193 Avg Close $40.84 Range $31.77 - $55.54
Q2 2018
Shares 5,210 Value ($000) $247 Avg Close $47.55 Range $41.14 - $52.15
Q1 2018
Shares 7,130 Value ($000) $343 Avg Close $47.20 Range $41.88 - $52.78
Q4 2017
Shares 7,130 Value ($000) $307 Avg Close $38.99 Range $32.90 - $45.26
Q3 2017
Shares 7,130 Value ($000) $237 Avg Close $36.89 Range $29.85 - $45.75
Q2 2017
Shares 4,490 Value ($000) $198 Avg Close $44.23 Range $40.27 - $47.88
Q1 2017
Shares 4,410 Value ($000) $182 Avg Close $47.66 Range $39.66 - $55.07
Q4 2016
Shares 4,300 Value ($000) $204 Avg Close $53.37 Range $44.20 - $64.81
Q3 2016
Shares 4,180 Value ($000) $266 Avg Close $57.50 Range $45.01 - $65.16