UNION PAC CORP

Ticker: UNP CUSIP: 907818108 Class: Common Stock

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

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

Q2 2020

Shares 20,050 Value ($000) $3,390 Avg Close $141.44 Range $116.67 - $166.32

Q1 2020

Shares 30,450 Value ($000) $4,295 Avg Close $144.98 Range $92.53 - $165.42

Q4 2019

Shares 30,450 Value ($000) $5,505 Avg Close $149.35 Range $129.80 - $158.96

Q3 2019

Shares 29,170 Value ($000) $4,725 Avg Close $145.81 Range $135.51 - $156.22

Q2 2019

Shares 29,170 Value ($000) $4,933 Avg Close $147.77 Range $141.48 - $154.96

Q1 2019

Shares 31,040 Value ($000) $5,190 Avg Close $138.09 Range $113.18 - $147.67

Q4 2018

Shares 40,930 Value ($000) $5,658 Avg Close $126.42 Range $109.68 - $140.54

Q2 2018

Shares 43,470 Value ($000) $6,159 Avg Close $117.74 Range $106.53 - $125.68

Q1 2018

Shares 30,550 Value ($000) $4,107 Avg Close $113.06 Range $101.65 - $119.96

Q4 2017

Shares 30,550 Value ($000) $4,097 Avg Close $100.79 Range $90.65 - $114.32

Q3 2017

Shares 27,860 Value ($000) $3,231 Avg Close $89.12 Range $83.79 - $97.51

Q2 2017

Shares 33,770 Value ($000) $3,678 Avg Close $90.11 Range $85.85 - $94.94

Q1 2017

Shares 26,590 Value ($000) $2,816 Avg Close $87.64 Range $82.97 - $91.31

Q4 2016

Shares 26,590 Value ($000) $2,757 Avg Close $80.32 Range $70.95 - $87.41

Q3 2016

Shares 26,620 Value ($000) $2,596 Avg Close $75.95 Range $69.69 - $79.87

Q2 2016

Shares 26,560 Value ($000) $2,317 Avg Close $68.24 Range $62.21 - $73.04

Q1 2016

Shares 26,020 Value ($000) $2,070 Avg Close $61.97 Range $53.60 - $68.66

Q4 2015

Shares 26,170 Value ($000) $2,046 Avg Close $68.29 Range $59.78 - $78.05

Q3 2015

Shares 26,020 Value ($000) $2,300 Avg Close $72.17 Range $62.57 - $78.67

Q2 2015

Shares 35,440 Value ($000) $3,380 Avg Close $81.98 Range $74.88 - $88.24

Q1 2015

Shares 26,300 Value ($000) $2,849 Avg Close $91.85 Range $83.77 - $97.28

Q4 2014

Shares 31,400 Value ($000) $3,756 Avg Close $89.46 Range $74.83 - $96.18

Q3 2014

Shares 31,400 Value ($000) $3,420 Avg Close $80.32 Range $74.93 - $85.79

Q2 2014

Shares 31,400 Value ($000) $3,146 Avg Close $74.77 Range $69.66 - $79.38

Q1 2014

Shares 15,700 Value ($000) $2,946 Avg Close $68.27 Range $63.27 - $73.42

Q4 2013

Shares 15,700 Value ($000) $2,638 Avg Close $60.55 Range $56.95 - $64.52

Q3 2013

Shares 15,700 Value ($000) $2,439 Avg Close $60.12 Range $58.03 - $62.72

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2020	20,050	$3,390	$141.44	$116.67 - $166.32
Q1 2020	30,450	$4,295	$144.98	$92.53 - $165.42
Q4 2019	30,450	$5,505	$149.35	$129.80 - $158.96
Q3 2019	29,170	$4,725	$145.81	$135.51 - $156.22
Q2 2019	29,170	$4,933	$147.77	$141.48 - $154.96
Q1 2019	31,040	$5,190	$138.09	$113.18 - $147.67
Q4 2018	40,930	$5,658	$126.42	$109.68 - $140.54
Q2 2018	43,470	$6,159	$117.74	$106.53 - $125.68
Q1 2018	30,550	$4,107	$113.06	$101.65 - $119.96
Q4 2017	30,550	$4,097	$100.79	$90.65 - $114.32
Q3 2017	27,860	$3,231	$89.12	$83.79 - $97.51
Q2 2017	33,770	$3,678	$90.11	$85.85 - $94.94
Q1 2017	26,590	$2,816	$87.64	$82.97 - $91.31
Q4 2016	26,590	$2,757	$80.32	$70.95 - $87.41
Q3 2016	26,620	$2,596	$75.95	$69.69 - $79.87
Q2 2016	26,560	$2,317	$68.24	$62.21 - $73.04
Q1 2016	26,020	$2,070	$61.97	$53.60 - $68.66
Q4 2015	26,170	$2,046	$68.29	$59.78 - $78.05
Q3 2015	26,020	$2,300	$72.17	$62.57 - $78.67
Q2 2015	35,440	$3,380	$81.98	$74.88 - $88.24
Q1 2015	26,300	$2,849	$91.85	$83.77 - $97.28
Q4 2014	31,400	$3,756	$89.46	$74.83 - $96.18
Q3 2014	31,400	$3,420	$80.32	$74.93 - $85.79
Q2 2014	31,400	$3,146	$74.77	$69.66 - $79.38
Q1 2014	15,700	$2,946	$68.27	$63.27 - $73.42
Q4 2013	15,700	$2,638	$60.55	$56.95 - $64.52
Q3 2013	15,700	$2,439	$60.12	$58.03 - $62.72