SAFE BULKERS INC

Ticker: SB CUSIP: Y7388L103 Class: Common Stock

WEDBUSH SECURITIES INC's Holding History (CIK: 0001142495)

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

Q1 2015

Shares 10,700 Value ($000) $38 Avg Close $3.61 Range $3.13 - $4.07

Q4 2014

Shares 10,700 Value ($000) $42 Avg Close $5.02 Range $3.77 - $6.77

Q3 2013

Shares 21,016 Value ($000) $143 Avg Close $5.88 Range $4.78 - $7.65

Q2 2013

Shares 20,808 Value ($000) $111 Avg Close $5.08 Range $4.59 - $5.75

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	10,700	$38	$3.61	$3.13 - $4.07
Q4 2014	10,700	$42	$5.02	$3.77 - $6.77
Q3 2013	21,016	$143	$5.88	$4.78 - $7.65
Q2 2013	20,808	$111	$5.08	$4.59 - $5.75