ZIONS BANCORPORATION N A

Ticker: ZION CUSIP: 989701107 Class: COM

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

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

Q2 2020

Shares 32,170 Value ($000) $1,094 Avg Close $31.66 Range $24.41 - $40.97

Q1 2020

Shares 19,770 Value ($000) $529 Avg Close $41.19 Range $23.58 - $52.48

Q4 2019

Shares 19,770 Value ($000) $1,027 Avg Close $48.54 Range $41.61 - $52.08

Q3 2019

Shares 24,080 Value ($000) $1,072 Avg Close $43.22 Range $39.11 - $46.81

Q2 2019

Shares 24,080 Value ($000) $1,108 Avg Close $46.26 Range $42.80 - $50.20

Q1 2019

Shares 19,380 Value ($000) $880 Avg Close $47.71 Range $40.03 - $51.81

Q4 2018

Shares 22,020 Value ($000) $897 Avg Close $46.61 Range $38.08 - $52.26

Q2 2018

Shares 15,730 Value ($000) $829 Avg Close $55.19 Range $50.84 - $59.19

Q1 2018

Shares 17,170 Value ($000) $905 Avg Close $53.82 Range $49.76 - $57.29

Q4 2017

Shares 17,170 Value ($000) $872 Avg Close $47.89 Range $43.50 - $52.20

Q3 2017

Shares 5,220 Value ($000) $246 Avg Close $44.50 Range $41.23 - $47.70

Q2 2017

Shares 6,520 Value ($000) $286 Avg Close $41.18 Range $38.43 - $44.85

Q1 2017

Shares 22,910 Value ($000) $962 Avg Close $43.44 Range $39.09 - $48.33

Q4 2016

Shares 22,910 Value ($000) $986 Avg Close $36.84 Range $30.07 - $44.15

Q3 2016

Shares 27,660 Value ($000) $858 Avg Close $28.41 Range $23.02 - $31.35

Q2 2016

Shares 27,630 Value ($000) $694 Avg Close $26.53 Range $23.14 - $29.46

Q1 2016

Shares 8,040 Value ($000) $195 Avg Close $23.00 Range $19.65 - $26.91

Q4 2015

Shares 7,940 Value ($000) $217 Avg Close $28.71 Range $26.22 - $31.18

Q3 2015

Shares 7,940 Value ($000) $219 Avg Close $29.65 Range $26.42 - $32.42

Q2 2015

Shares 21,280 Value ($000) $675 Avg Close $29.43 Range $26.20 - $33.03

Q1 2015

Shares 6,000 Value ($000) $162 Avg Close $26.18 Range $23.72 - $28.72

Q4 2014

Shares 7,000 Value ($000) $200 Avg Close $28.21 Range $25.02 - $29.93

Q3 2014

Shares 7,000 Value ($000) $203 Avg Close $29.03 Range $27.44 - $30.89

Q2 2014

Shares 6,300 Value ($000) $186 Avg Close $29.40 Range $27.65 - $31.87

Q1 2014

Shares 6,300 Value ($000) $195 Avg Close $30.38 Range $27.82 - $33.33

Q4 2013

Shares 6,000 Value ($000) $180 Avg Close $28.78 Range $26.89 - $30.13

Q3 2013

Shares 6,000 Value ($000) $165 Avg Close $29.19 Range $26.79 - $31.40

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2020	32,170	$1,094	$31.66	$24.41 - $40.97
Q1 2020	19,770	$529	$41.19	$23.58 - $52.48
Q4 2019	19,770	$1,027	$48.54	$41.61 - $52.08
Q3 2019	24,080	$1,072	$43.22	$39.11 - $46.81
Q2 2019	24,080	$1,108	$46.26	$42.80 - $50.20
Q1 2019	19,380	$880	$47.71	$40.03 - $51.81
Q4 2018	22,020	$897	$46.61	$38.08 - $52.26
Q2 2018	15,730	$829	$55.19	$50.84 - $59.19
Q1 2018	17,170	$905	$53.82	$49.76 - $57.29
Q4 2017	17,170	$872	$47.89	$43.50 - $52.20
Q3 2017	5,220	$246	$44.50	$41.23 - $47.70
Q2 2017	6,520	$286	$41.18	$38.43 - $44.85
Q1 2017	22,910	$962	$43.44	$39.09 - $48.33
Q4 2016	22,910	$986	$36.84	$30.07 - $44.15
Q3 2016	27,660	$858	$28.41	$23.02 - $31.35
Q2 2016	27,630	$694	$26.53	$23.14 - $29.46
Q1 2016	8,040	$195	$23.00	$19.65 - $26.91
Q4 2015	7,940	$217	$28.71	$26.22 - $31.18
Q3 2015	7,940	$219	$29.65	$26.42 - $32.42
Q2 2015	21,280	$675	$29.43	$26.20 - $33.03
Q1 2015	6,000	$162	$26.18	$23.72 - $28.72
Q4 2014	7,000	$200	$28.21	$25.02 - $29.93
Q3 2014	7,000	$203	$29.03	$27.44 - $30.89
Q2 2014	6,300	$186	$29.40	$27.65 - $31.87
Q1 2014	6,300	$195	$30.38	$27.82 - $33.33
Q4 2013	6,000	$180	$28.78	$26.89 - $30.13
Q3 2013	6,000	$165	$29.19	$26.79 - $31.40