UNIVERSAL DISPLAY CORP

Ticker: OLED CUSIP: 91347P105 Class: Common Stock

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

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

Q1 2020

Shares 7,960 Value ($000) $1,049 Avg Close $163.84 Range $100.21 - $211.62

Q4 2019

Shares 7,860 Value ($000) $1,620 Avg Close $179.87 Range $150.40 - $208.09

Q3 2019

Shares 7,780 Value ($000) $1,306 Avg Close $190.36 Range $155.52 - $219.12

Q2 2019

Shares 7,840 Value ($000) $1,474 Avg Close $158.15 Range $136.49 - $183.14

Q1 2019

Shares 7,730 Value ($000) $1,182 Avg Close $117.58 Range $74.86 - $154.31

Q4 2018

Shares 10,190 Value ($000) $953 Avg Close $95.84 Range $77.57 - $123.46

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	7,960	$1,049	$163.84	$100.21 - $211.62
Q4 2019	7,860	$1,620	$179.87	$150.40 - $208.09
Q3 2019	7,780	$1,306	$190.36	$155.52 - $219.12
Q2 2019	7,840	$1,474	$158.15	$136.49 - $183.14
Q1 2019	7,730	$1,182	$117.58	$74.86 - $154.31
Q4 2018	10,190	$953	$95.84	$77.57 - $123.46