SYNOPSYS INC

Ticker: SNPS CUSIP: 871607107 Class: COM

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

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

Q1 2020

Shares 9,660 Value ($000) $1,244 Avg Close $142.23 Range $104.90 - $166.87

Q4 2019

Shares 9,660 Value ($000) $1,344 Avg Close $137.18 Range $130.72 - $144.24

Q3 2019

Shares 13,010 Value ($000) $1,785 Avg Close $135.21 Range $123.85 - $146.66

Q2 2019

Shares 12,970 Value ($000) $1,669 Avg Close $120.29 Range $112.75 - $130.64

Q1 2019

Shares 2,010 Value ($000) $231 Avg Close $99.10 Range $81.03 - $115.21

Q4 2018

Shares 3,880 Value ($000) $327 Avg Close $88.84 Range $79.14 - $99.31

Q2 2018

Shares 3,880 Value ($000) $332 Avg Close $87.15 Range $80.13 - $91.67

Q1 2018

Shares 3,880 Value ($000) $323 Avg Close $87.85 Range $82.10 - $94.14

Q4 2017

Shares 3,880 Value ($000) $331 Avg Close $86.51 Range $80.67 - $94.80

Q3 2017

Shares 18,170 Value ($000) $1,463 Avg Close $77.58 Range $71.94 - $81.57

Q2 2017

Shares 19,170 Value ($000) $1,398 Avg Close $73.56 Range $70.55 - $76.57

Q1 2017

Shares 4,880 Value ($000) $352 Avg Close $66.92 Range $59.04 - $73.08

Q4 2016

Shares 69,200 Value ($000) $4,073 Avg Close $59.50 Range $56.03 - $62.00

Q3 2016

Shares 68,180 Value ($000) $4,046 Avg Close $56.78 Range $53.02 - $60.00

Q2 2016

Shares 67,200 Value ($000) $3,634 Avg Close $50.14 Range $46.68 - $54.10

Q1 2016

Shares 50,520 Value ($000) $2,447 Avg Close $44.13 Range $39.26 - $48.60

Q4 2015

Shares 50,020 Value ($000) $2,281 Avg Close $48.36 Range $44.39 - $52.78

Q3 2015

Shares 52,150 Value ($000) $2,408 Avg Close $49.10 Range $43.46 - $52.65

Q2 2015

Shares 48,340 Value ($000) $2,448 Avg Close $48.68 Range $45.81 - $51.00

Q1 2015

Shares 47,200 Value ($000) $2,186 Avg Close $44.77 Range $41.60 - $47.37

Q4 2014

Shares 50,620 Value ($000) $2,200 Avg Close $41.52 Range $36.62 - $45.03

Q3 2014

Shares 43,800 Value ($000) $1,739 Avg Close $39.64 Range $37.27 - $42.55

Q2 2014

Shares 42,600 Value ($000) $1,654 Avg Close $38.15 Range $36.03 - $39.50

Q1 2014

Shares 42,600 Value ($000) $1,636 Avg Close $40.13 Range $37.70 - $41.62

Q4 2013

Shares 42,300 Value ($000) $1,716 Avg Close $37.43 Range $34.55 - $40.79

Q3 2013

Shares 25,300 Value ($000) $954 Avg Close $37.05 Range $35.13 - $38.14

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	9,660	$1,244	$142.23	$104.90 - $166.87
Q4 2019	9,660	$1,344	$137.18	$130.72 - $144.24
Q3 2019	13,010	$1,785	$135.21	$123.85 - $146.66
Q2 2019	12,970	$1,669	$120.29	$112.75 - $130.64
Q1 2019	2,010	$231	$99.10	$81.03 - $115.21
Q4 2018	3,880	$327	$88.84	$79.14 - $99.31
Q2 2018	3,880	$332	$87.15	$80.13 - $91.67
Q1 2018	3,880	$323	$87.85	$82.10 - $94.14
Q4 2017	3,880	$331	$86.51	$80.67 - $94.80
Q3 2017	18,170	$1,463	$77.58	$71.94 - $81.57
Q2 2017	19,170	$1,398	$73.56	$70.55 - $76.57
Q1 2017	4,880	$352	$66.92	$59.04 - $73.08
Q4 2016	69,200	$4,073	$59.50	$56.03 - $62.00
Q3 2016	68,180	$4,046	$56.78	$53.02 - $60.00
Q2 2016	67,200	$3,634	$50.14	$46.68 - $54.10
Q1 2016	50,520	$2,447	$44.13	$39.26 - $48.60
Q4 2015	50,020	$2,281	$48.36	$44.39 - $52.78
Q3 2015	52,150	$2,408	$49.10	$43.46 - $52.65
Q2 2015	48,340	$2,448	$48.68	$45.81 - $51.00
Q1 2015	47,200	$2,186	$44.77	$41.60 - $47.37
Q4 2014	50,620	$2,200	$41.52	$36.62 - $45.03
Q3 2014	43,800	$1,739	$39.64	$37.27 - $42.55
Q2 2014	42,600	$1,654	$38.15	$36.03 - $39.50
Q1 2014	42,600	$1,636	$40.13	$37.70 - $41.62
Q4 2013	42,300	$1,716	$37.43	$34.55 - $40.79
Q3 2013	25,300	$954	$37.05	$35.13 - $38.14