GERDAU SA

Ticker: GGB CUSIP: 373737105 Class: ADR

Parkwood LLC's Holding History (CIK: 0001597823)

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

Q1 2017
Shares 150,278 Value ($000) $518 Avg Close — Range —
Q4 2016
Shares 102,000 Value ($000) $320 Avg Close — Range —