AMERICAN RAILCAR INDS INC

CUSIP: 02916P103 Class: COMMON STOCK

SHEPHERD KAPLAN KROCHUK, LLC's Holding History (CIK: 0001218583)

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

Q2 2016
Shares 6,299 Value ($000) $249 Avg Close — Range —
Q1 2016
Shares 6,299 Value ($000) $257 Avg Close — Range —
Q4 2015
Shares 6,299 Value ($000) $292 Avg Close — Range —
Q2 2014
Shares 5,700 Value ($000) $386 Avg Close — Range —
Q1 2014
Shares 5,700 Value ($000) $400 Avg Close — Range —
Q4 2013
Shares 10,000 Value ($000) $457 Avg Close — Range —
Q3 2013
Shares 11,000 Value ($000) $432 Avg Close — Range —
Q2 2013
Shares 11,000 Value ($000) $368 Avg Close — Range —