SAFE BULKERS INC

Ticker: SB CUSIP: Y7388L103 Class: Common Stock

JACOBS LEVY EQUITY MANAGEMENT, INC's Holding History (CIK: 0000884414)

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

Q4 2018

Shares 36,473 Value ($000) $65 Avg Close $2.26 Range $1.61 - $3.05

Q3 2018

Shares 21,212 Value ($000) $61 Avg Close $3.08 Range $2.51 - $3.63

Q2 2018

Shares 21,212 Value ($000) $72 Avg Close $3.32 Range $2.84 - $3.90

Q4 2014

Shares 12,896 Value ($000) $50 Avg Close $5.02 Range $3.77 - $6.77

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	36,473	$65	$2.26	$1.61 - $3.05
Q3 2018	21,212	$61	$3.08	$2.51 - $3.63
Q2 2018	21,212	$72	$3.32	$2.84 - $3.90
Q4 2014	12,896	$50	$5.02	$3.77 - $6.77