ZEBRA TECHNOLOGIES CORPORATI

Ticker: ZBRA CUSIP: 989207105 Class: EQTY

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

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

Q2 2020

Shares 2,010 Value ($000) $514 Avg Close $234.34 Range $170.63 - $278.60

Q1 2020

Shares 770 Value ($000) $141 Avg Close $224.74 Range $150.06 - $260.40

Q4 2019

Shares 10,040 Value ($000) $2,565 Avg Close $233.98 Range $188.80 - $260.30

Q3 2019

Shares 9,930 Value ($000) $2,049 Avg Close $202.05 Range $177.06 - $220.46

Q2 2019

Shares 9,960 Value ($000) $2,087 Avg Close $201.62 Range $166.15 - $237.15

Q1 2019

Shares 9,850 Value ($000) $2,064 Avg Close $188.23 Range $146.52 - $219.39

Q4 2018

Shares 12,900 Value ($000) $2,054 Avg Close $166.48 Range $140.95 - $184.75

Q2 2018

Shares 12,510 Value ($000) $1,792 Avg Close $147.27 Range $130.79 - $161.72

Q1 2018

Shares 16,540 Value ($000) $2,302 Avg Close $128.01 Range $102.75 - $147.99

Q4 2017

Shares 16,060 Value ($000) $1,667 Avg Close $108.72 Range $101.49 - $117.44

Q3 2017

Shares 16,060 Value ($000) $1,744 Avg Close $102.62 Range $94.78 - $109.89

Q2 2017

Shares 20,370 Value ($000) $2,048 Avg Close $99.04 Range $86.82 - $109.30

Q1 2017

Shares 24,460 Value ($000) $2,232 Avg Close $86.66 Range $81.02 - $93.61

Q4 2016

Shares 24,130 Value ($000) $2,069 Avg Close $74.12 Range $62.91 - $88.00

Q3 2016

Shares 23,450 Value ($000) $1,632 Avg Close $61.48 Range $46.13 - $71.61

Q2 2016

Shares 23,120 Value ($000) $1,158 Avg Close $58.13 Range $48.51 - $68.49

Q1 2016

Shares 17,380 Value ($000) $1,199 Avg Close $62.49 Range $52.14 - $70.30

Q4 2015

Shares 16,680 Value ($000) $1,162 Avg Close $74.94 Range $63.92 - $83.02

Q3 2015

Shares 16,360 Value ($000) $1,252 Avg Close $94.33 Range $71.95 - $117.00

Q2 2015

Shares 16,020 Value ($000) $1,779 Avg Close $103.78 Range $87.98 - $119.47

Q1 2015

Shares 16,000 Value ($000) $1,451 Avg Close $86.53 Range $74.40 - $92.48

Q4 2014

Shares 16,480 Value ($000) $1,276 Avg Close $72.03 Range $58.95 - $79.11

Q2 2014

Shares 13,900 Value ($000) $1,144 Avg Close $73.00 Range $60.06 - $87.53

Q1 2014

Shares 13,900 Value ($000) $965 Avg Close $61.32 Range $52.61 - $72.76

Q4 2013

Shares 13,900 Value ($000) $752 Avg Close $50.14 Range $45.25 - $55.22

Q3 2013

Shares 8,300 Value ($000) $378 Avg Close $46.13 Range $43.42 - $49.38

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2020	2,010	$514	$234.34	$170.63 - $278.60
Q1 2020	770	$141	$224.74	$150.06 - $260.40
Q4 2019	10,040	$2,565	$233.98	$188.80 - $260.30
Q3 2019	9,930	$2,049	$202.05	$177.06 - $220.46
Q2 2019	9,960	$2,087	$201.62	$166.15 - $237.15
Q1 2019	9,850	$2,064	$188.23	$146.52 - $219.39
Q4 2018	12,900	$2,054	$166.48	$140.95 - $184.75
Q2 2018	12,510	$1,792	$147.27	$130.79 - $161.72
Q1 2018	16,540	$2,302	$128.01	$102.75 - $147.99
Q4 2017	16,060	$1,667	$108.72	$101.49 - $117.44
Q3 2017	16,060	$1,744	$102.62	$94.78 - $109.89
Q2 2017	20,370	$2,048	$99.04	$86.82 - $109.30
Q1 2017	24,460	$2,232	$86.66	$81.02 - $93.61
Q4 2016	24,130	$2,069	$74.12	$62.91 - $88.00
Q3 2016	23,450	$1,632	$61.48	$46.13 - $71.61
Q2 2016	23,120	$1,158	$58.13	$48.51 - $68.49
Q1 2016	17,380	$1,199	$62.49	$52.14 - $70.30
Q4 2015	16,680	$1,162	$74.94	$63.92 - $83.02
Q3 2015	16,360	$1,252	$94.33	$71.95 - $117.00
Q2 2015	16,020	$1,779	$103.78	$87.98 - $119.47
Q1 2015	16,000	$1,451	$86.53	$74.40 - $92.48
Q4 2014	16,480	$1,276	$72.03	$58.95 - $79.11
Q2 2014	13,900	$1,144	$73.00	$60.06 - $87.53
Q1 2014	13,900	$965	$61.32	$52.61 - $72.76
Q4 2013	13,900	$752	$50.14	$45.25 - $55.22
Q3 2013	8,300	$378	$46.13	$43.42 - $49.38