ULTIMATE SOFTWARE GROUP INC

CUSIP: 90385D107 Class: COM

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

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

Q1 2019
Shares 5,790 Value ($000) $1,911 Avg Close — Range —
Q4 2018
Shares 7,500 Value ($000) $1,837 Avg Close — Range —
Q2 2018
Shares 6,820 Value ($000) $1,755 Avg Close — Range —
Q1 2018
Shares 9,020 Value ($000) $2,198 Avg Close — Range —
Q4 2017
Shares 8,570 Value ($000) $1,870 Avg Close — Range —
Q3 2017
Shares 8,570 Value ($000) $1,625 Avg Close — Range —
Q2 2017
Shares 11,470 Value ($000) $2,409 Avg Close — Range —
Q1 2017
Shares 13,440 Value ($000) $2,624 Avg Close — Range —
Q4 2016
Shares 13,230 Value ($000) $2,412 Avg Close — Range —
Q3 2016
Shares 12,960 Value ($000) $2,649 Avg Close — Range —
Q2 2016
Shares 12,770 Value ($000) $2,685 Avg Close — Range —
Q1 2016
Shares 9,610 Value ($000) $1,860 Avg Close — Range —
Q4 2015
Shares 9,150 Value ($000) $1,789 Avg Close — Range —
Q3 2015
Shares 9,200 Value ($000) $1,647 Avg Close — Range —
Q2 2015
Shares 9,000 Value ($000) $1,479 Avg Close — Range —
Q1 2015
Shares 8,600 Value ($000) $1,462 Avg Close — Range —
Q4 2014
Shares 9,170 Value ($000) $1,346 Avg Close — Range —
Q3 2014
Shares 8,100 Value ($000) $1,146 Avg Close — Range —