SAFE BULKERS INC

Ticker: SB CUSIP: Y7388L103 Class: Common Stock

WHITEBOX ADVISORS LLC's Holding History (CIK: 0001257391)

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

Q3 2015
Shares 180,694 Value ($000) $499 Avg Close $3.33 Range $2.70 - $4.13
Q2 2015
Shares 144,088 Value ($000) $464 Avg Close $3.48 Range $2.99 - $3.87
Q1 2015
Shares 144,088 Value ($000) $517 Avg Close $3.61 Range $3.13 - $4.07
Q4 2014
Shares 94,516 Value ($000) $370 Avg Close $5.02 Range $3.77 - $6.77
Q3 2014
Shares 109,924 Value ($000) $732 Avg Close $8.06 Range $6.65 - $9.92
Q2 2014
Shares 178,897 Value ($000) $1,746 Avg Close $8.70 Range $7.76 - $10.18
Q1 2014
Shares 67,701 Value ($000) $645 Avg Close $9.93 Range $8.65 - $11.48
Q4 2013
Shares 109,701 Value ($000) $1,141 Avg Close $7.94 Range $6.21 - $10.95
Q3 2013
Shares 78,901 Value ($000) $537 Avg Close $5.88 Range $4.78 - $7.65