AMERICAN RAILCAR INDS INC

CUSIP: 02916P103 Class: COMMON STOCK

HBK INVESTMENTS L P's Holding History (CIK: 0001011443)

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

Q3 2014
Shares 14,400 Value ($000) $1,064 Avg Close — Range —
Q2 2014
Shares 3,059 Value ($000) $207 Avg Close — Range —
Q1 2014
Shares 3,000 Value ($000) $210 Avg Close — Range —