SOUTHWEST AIRLS CO

Ticker: LUV CUSIP: 844741108 Class: COM

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

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

Q1 2020

Shares 18,320 Value ($000) $652 Avg Close $45.99 Range $27.12 - $54.53

Q4 2019

Shares 18,320 Value ($000) $989 Avg Close $51.27 Range $47.29 - $54.04

Q3 2019

Shares 6,850 Value ($000) $370 Avg Close $48.23 Range $44.27 - $52.19

Q2 2019

Shares 6,850 Value ($000) $348 Avg Close $47.57 Range $43.47 - $50.31

Q1 2019

Shares 6,850 Value ($000) $356 Avg Close $48.28 Range $40.79 - $53.74

Q4 2018

Shares 14,230 Value ($000) $661 Avg Close $48.46 Range $40.49 - $57.62

Q2 2018

Shares 24,420 Value ($000) $1,242 Avg Close $47.77 Range $45.40 - $51.84

Q1 2018

Shares 24,420 Value ($000) $1,399 Avg Close $54.35 Range $48.85 - $60.17

Q4 2017

Shares 24,420 Value ($000) $1,598 Avg Close $53.12 Range $47.64 - $60.59

Q3 2017

Shares 14,230 Value ($000) $797 Avg Close $50.59 Range $44.92 - $57.99

Q2 2017

Shares 19,770 Value ($000) $1,229 Avg Close $52.33 Range $47.52 - $56.51

Q1 2017

Shares 27,040 Value ($000) $1,454 Avg Close $48.27 Range $43.70 - $53.54

Q4 2016

Shares 27,040 Value ($000) $1,347 Avg Close $40.16 Range $33.04 - $46.03

Q3 2016

Shares 27,490 Value ($000) $1,069 Avg Close $33.98 Range $31.62 - $40.18

Q2 2016

Shares 27,490 Value ($000) $1,078 Avg Close $38.15 Range $32.57 - $42.75

Q1 2016

Shares 22,150 Value ($000) $993 Avg Close $36.21 Range $30.19 - $40.43

Q4 2015

Shares 22,410 Value ($000) $966 Avg Close $39.33 Range $32.85 - $45.58

Q3 2015

Shares 22,420 Value ($000) $853 Avg Close $32.73 Range $27.79 - $36.28

Q2 2015

Shares 20,100 Value ($000) $665 Avg Close $34.60 Range $29.26 - $39.08

Q1 2015

Shares 20,100 Value ($000) $890 Avg Close $38.60 Range $33.79 - $41.66

Q4 2014

Shares 23,900 Value ($000) $1,013 Avg Close $32.93 Range $25.04 - $38.14

Q3 2014

Shares 23,900 Value ($000) $807 Avg Close $26.90 Range $22.76 - $31.30

Q2 2014

Shares 23,700 Value ($000) $637 Avg Close $22.15 Range $19.63 - $24.38

Q1 2014

Shares 23,700 Value ($000) $560 Avg Close $19.19 Range $16.46 - $21.22

Q4 2013

Shares 24,300 Value ($000) $458 Avg Close $15.26 Range $12.67 - $16.65

Q3 2013

Shares 24,300 Value ($000) $354 Avg Close $11.89 Range $10.97 - $12.96

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	18,320	$652	$45.99	$27.12 - $54.53
Q4 2019	18,320	$989	$51.27	$47.29 - $54.04
Q3 2019	6,850	$370	$48.23	$44.27 - $52.19
Q2 2019	6,850	$348	$47.57	$43.47 - $50.31
Q1 2019	6,850	$356	$48.28	$40.79 - $53.74
Q4 2018	14,230	$661	$48.46	$40.49 - $57.62
Q2 2018	24,420	$1,242	$47.77	$45.40 - $51.84
Q1 2018	24,420	$1,399	$54.35	$48.85 - $60.17
Q4 2017	24,420	$1,598	$53.12	$47.64 - $60.59
Q3 2017	14,230	$797	$50.59	$44.92 - $57.99
Q2 2017	19,770	$1,229	$52.33	$47.52 - $56.51
Q1 2017	27,040	$1,454	$48.27	$43.70 - $53.54
Q4 2016	27,040	$1,347	$40.16	$33.04 - $46.03
Q3 2016	27,490	$1,069	$33.98	$31.62 - $40.18
Q2 2016	27,490	$1,078	$38.15	$32.57 - $42.75
Q1 2016	22,150	$993	$36.21	$30.19 - $40.43
Q4 2015	22,410	$966	$39.33	$32.85 - $45.58
Q3 2015	22,420	$853	$32.73	$27.79 - $36.28
Q2 2015	20,100	$665	$34.60	$29.26 - $39.08
Q1 2015	20,100	$890	$38.60	$33.79 - $41.66
Q4 2014	23,900	$1,013	$32.93	$25.04 - $38.14
Q3 2014	23,900	$807	$26.90	$22.76 - $31.30
Q2 2014	23,700	$637	$22.15	$19.63 - $24.38
Q1 2014	23,700	$560	$19.19	$16.46 - $21.22
Q4 2013	24,300	$458	$15.26	$12.67 - $16.65
Q3 2013	24,300	$354	$11.89	$10.97 - $12.96