ZIMMER BIOMET HOLDINGS INC

Ticker: ZBH CUSIP: 98956P102 Class: COM

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

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

Q1 2020

Shares 2,910 Value ($000) $294 Avg Close $124.85 Range $68.76 - $148.96

Q4 2019

Shares 2,910 Value ($000) $436 Avg Close $131.26 Range $120.26 - $140.23

Q3 2019

Shares 2,870 Value ($000) $394 Avg Close $122.61 Range $107.11 - $132.30

Q2 2019

Shares 2,810 Value ($000) $331 Avg Close $110.94 Range $102.23 - $119.28

Q1 2019

Shares 9,660 Value ($000) $1,233 Avg Close $107.44 Range $90.50 - $118.92

Q4 2018

Shares 12,290 Value ($000) $1,275 Avg Close $106.08 Range $88.81 - $121.14

Q2 2018

Shares 12,290 Value ($000) $1,370 Avg Close $102.24 Range $95.10 - $107.82

Q1 2018

Shares 8,800 Value ($000) $959 Avg Close $108.85 Range $97.66 - $117.70

Q4 2017

Shares 8,800 Value ($000) $1,062 Avg Close $105.78 Range $98.11 - $113.29

Q3 2017

Shares 8,800 Value ($000) $1,030 Avg Close $107.78 Range $99.77 - $120.98

Q2 2017

Shares 10,040 Value ($000) $1,289 Avg Close $110.49 Range $104.03 - $118.00

Q1 2017

Shares 13,500 Value ($000) $1,649 Avg Close $105.40 Range $92.62 - $111.18

Q4 2016

Shares 13,400 Value ($000) $1,383 Avg Close $99.44 Range $86.13 - $119.98

Q3 2016

Shares 13,310 Value ($000) $1,730 Avg Close $114.42 Range $107.17 - $119.73

Q2 2016

Shares 12,700 Value ($000) $1,532 Avg Close $104.60 Range $94.67 - $110.73

Q1 2016

Shares 5,480 Value ($000) $586 Avg Close $89.19 Range $79.01 - $96.19

Q4 2015

Shares 5,150 Value ($000) $529 Avg Close $90.02 Range $79.28 - $97.34

Q3 2015

Shares 5,110 Value ($000) $481 Avg Close $92.02 Range $81.20 - $99.22

Q2 2015

Shares 5,050 Value ($000) $552 Avg Close $101.46 Range $86.86 - $105.92

Q1 2015

Shares 5,000 Value ($000) $589 Avg Close $104.38 Range $98.59 - $108.15

Q4 2014

Shares 5,800 Value ($000) $659 Avg Close $96.21 Range $84.46 - $102.89

Q3 2014

Shares 5,800 Value ($000) $584 Avg Close $89.58 Range $83.75 - $93.43

Q2 2014

Shares 5,800 Value ($000) $604 Avg Close $88.67 Range $79.82 - $95.57

Q1 2014

Shares 5,800 Value ($000) $549 Avg Close $83.56 Range $79.89 - $87.09

Q4 2013

Shares 5,600 Value ($000) $522 Avg Close $78.29 Range $70.74 - $82.46

Q3 2013

Shares 5,600 Value ($000) $460 Avg Close $71.05 Range $65.58 - $74.54

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	2,910	$294	$124.85	$68.76 - $148.96
Q4 2019	2,910	$436	$131.26	$120.26 - $140.23
Q3 2019	2,870	$394	$122.61	$107.11 - $132.30
Q2 2019	2,810	$331	$110.94	$102.23 - $119.28
Q1 2019	9,660	$1,233	$107.44	$90.50 - $118.92
Q4 2018	12,290	$1,275	$106.08	$88.81 - $121.14
Q2 2018	12,290	$1,370	$102.24	$95.10 - $107.82
Q1 2018	8,800	$959	$108.85	$97.66 - $117.70
Q4 2017	8,800	$1,062	$105.78	$98.11 - $113.29
Q3 2017	8,800	$1,030	$107.78	$99.77 - $120.98
Q2 2017	10,040	$1,289	$110.49	$104.03 - $118.00
Q1 2017	13,500	$1,649	$105.40	$92.62 - $111.18
Q4 2016	13,400	$1,383	$99.44	$86.13 - $119.98
Q3 2016	13,310	$1,730	$114.42	$107.17 - $119.73
Q2 2016	12,700	$1,532	$104.60	$94.67 - $110.73
Q1 2016	5,480	$586	$89.19	$79.01 - $96.19
Q4 2015	5,150	$529	$90.02	$79.28 - $97.34
Q3 2015	5,110	$481	$92.02	$81.20 - $99.22
Q2 2015	5,050	$552	$101.46	$86.86 - $105.92
Q1 2015	5,000	$589	$104.38	$98.59 - $108.15
Q4 2014	5,800	$659	$96.21	$84.46 - $102.89
Q3 2014	5,800	$584	$89.58	$83.75 - $93.43
Q2 2014	5,800	$604	$88.67	$79.82 - $95.57
Q1 2014	5,800	$549	$83.56	$79.89 - $87.09
Q4 2013	5,600	$522	$78.29	$70.74 - $82.46
Q3 2013	5,600	$460	$71.05	$65.58 - $74.54