UDR INC

Ticker: UDR CUSIP: 902653104 Class: EQTY

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

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

Q1 2020

Shares 4,150 Value ($000) $152 Avg Close $36.28 Range $23.42 - $41.11

Q4 2019

Shares 4,150 Value ($000) $194 Avg Close $38.20 Range $36.14 - $40.29

Q3 2019

Shares 3,960 Value ($000) $192 Avg Close $37.21 Range $34.70 - $38.79

Q2 2019

Shares 3,820 Value ($000) $171 Avg Close $35.31 Range $33.77 - $36.97

Q1 2019

Shares 3,700 Value ($000) $168 Avg Close $33.79 Range $29.49 - $35.65

Q4 2018

Shares 7,190 Value ($000) $285 Avg Close $31.19 Range $29.25 - $33.20

Q2 2018

Shares 6,910 Value ($000) $259 Avg Close $27.46 Range $26.19 - $28.72

Q1 2018

Shares 6,910 Value ($000) $246 Avg Close $26.50 Range $24.75 - $28.85

Q4 2017

Shares 6,910 Value ($000) $266 Avg Close $29.01 Range $27.91 - $30.11

Q3 2017

Shares 26,170 Value ($000) $995 Avg Close $28.71 Range $27.68 - $29.53

Q2 2017

Shares 27,860 Value ($000) $1,086 Avg Close $27.96 Range $25.97 - $29.91

Q1 2017

Shares 8,600 Value ($000) $312 Avg Close $26.03 Range $25.07 - $26.75

Q4 2016

Shares 8,600 Value ($000) $314 Avg Close $24.75 Range $23.69 - $26.38

Q3 2016

Shares 8,490 Value ($000) $306 Avg Close $26.10 Range $24.43 - $27.08

Q2 2016

Shares 8,610 Value ($000) $318 Avg Close $25.45 Range $23.43 - $27.23

Q1 2016

Shares 8,330 Value ($000) $321 Avg Close $25.22 Range $23.20 - $27.22

Q4 2015

Shares 83,950 Value ($000) $3,154 Avg Close $25.10 Range $23.22 - $26.64

Q3 2015

Shares 81,640 Value ($000) $2,815 Avg Close $23.14 Range $20.85 - $24.77

Q2 2015

Shares 81,490 Value ($000) $2,610 Avg Close $22.59 Range $21.38 - $23.46

Q1 2015

Shares 77,300 Value ($000) $2,631 Avg Close $22.43 Range $20.87 - $24.23

Q4 2014

Shares 81,750 Value ($000) $2,520 Avg Close $20.28 Range $18.21 - $21.62

Q3 2014

Shares 71,300 Value ($000) $1,943 Avg Close $19.39 Range $18.09 - $20.38

Q2 2014

Shares 69,300 Value ($000) $1,984 Avg Close $17.89 Range $16.74 - $19.11

Q1 2014

Shares 69,300 Value ($000) $1,790 Avg Close $16.46 Range $15.05 - $17.61

Q4 2013

Shares 68,700 Value ($000) $1,604 Avg Close $15.60 Range $14.89 - $16.56

Q3 2013

Shares 41,300 Value ($000) $979 Avg Close $15.69 Range $14.16 - $17.00

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	4,150	$152	$36.28	$23.42 - $41.11
Q4 2019	4,150	$194	$38.20	$36.14 - $40.29
Q3 2019	3,960	$192	$37.21	$34.70 - $38.79
Q2 2019	3,820	$171	$35.31	$33.77 - $36.97
Q1 2019	3,700	$168	$33.79	$29.49 - $35.65
Q4 2018	7,190	$285	$31.19	$29.25 - $33.20
Q2 2018	6,910	$259	$27.46	$26.19 - $28.72
Q1 2018	6,910	$246	$26.50	$24.75 - $28.85
Q4 2017	6,910	$266	$29.01	$27.91 - $30.11
Q3 2017	26,170	$995	$28.71	$27.68 - $29.53
Q2 2017	27,860	$1,086	$27.96	$25.97 - $29.91
Q1 2017	8,600	$312	$26.03	$25.07 - $26.75
Q4 2016	8,600	$314	$24.75	$23.69 - $26.38
Q3 2016	8,490	$306	$26.10	$24.43 - $27.08
Q2 2016	8,610	$318	$25.45	$23.43 - $27.23
Q1 2016	8,330	$321	$25.22	$23.20 - $27.22
Q4 2015	83,950	$3,154	$25.10	$23.22 - $26.64
Q3 2015	81,640	$2,815	$23.14	$20.85 - $24.77
Q2 2015	81,490	$2,610	$22.59	$21.38 - $23.46
Q1 2015	77,300	$2,631	$22.43	$20.87 - $24.23
Q4 2014	81,750	$2,520	$20.28	$18.21 - $21.62
Q3 2014	71,300	$1,943	$19.39	$18.09 - $20.38
Q2 2014	69,300	$1,984	$17.89	$16.74 - $19.11
Q1 2014	69,300	$1,790	$16.46	$15.05 - $17.61
Q4 2013	68,700	$1,604	$15.60	$14.89 - $16.56
Q3 2013	41,300	$979	$15.69	$14.16 - $17.00