GREENBRIER COS INC

Ticker: GBX CUSIP: 393657101 Class: COM

DELPHI MANAGEMENT INC /MA/'s Holding History (CIK: 0000767684)

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

Q2 2016

Shares 14,455 Value ($000) $421 Avg Close $21.85 Range $18.33 - $24.76

Q1 2016

Shares 15,092 Value ($000) $417 Avg Close $19.35 Range $15.02 - $24.18

Q4 2015

Shares 16,313 Value ($000) $532 Avg Close $25.60 Range $21.30 - $31.30

Q3 2015

Shares 143,530 Value ($000) $4,609 Avg Close $31.21 Range $22.59 - $36.37

Q2 2015

Shares 134,455 Value ($000) $6,299 Avg Close $44.28 Range $34.37 - $49.35

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	14,455	$421	$21.85	$18.33 - $24.76
Q1 2016	15,092	$417	$19.35	$15.02 - $24.18
Q4 2015	16,313	$532	$25.60	$21.30 - $31.30
Q3 2015	143,530	$4,609	$31.21	$22.59 - $36.37
Q2 2015	134,455	$6,299	$44.28	$34.37 - $49.35