SAFE BULKERS INC

Ticker: SB CUSIP: Y7388L103 Class: Common Stock

BRAVE ASSET MANAGEMENT INC's Holding History (CIK: 0001085867)

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

Q3 2015

Shares 3,075 Value ($000) $8 Avg Close $3.33 Range $2.70 - $4.13

Q2 2015

Shares 3,075 Value ($000) $10 Avg Close $3.48 Range $2.99 - $3.87

Q1 2015

Shares 3,075 Value ($000) $11 Avg Close $3.61 Range $3.13 - $4.07

Q4 2014

Shares 3,075 Value ($000) $12 Avg Close $5.02 Range $3.77 - $6.77

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	3,075	$8	$3.33	$2.70 - $4.13
Q2 2015	3,075	$10	$3.48	$2.99 - $3.87
Q1 2015	3,075	$11	$3.61	$3.13 - $4.07
Q4 2014	3,075	$12	$5.02	$3.77 - $6.77