SAFE BULKERS INC

Ticker: SB CUSIP: Y7388L103 Class: Common Stock

MACQUARIE GROUP LTD's Holding History (CIK: 0001418333)

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

Q4 2018

Shares 20,900 Value ($000) $37 Avg Close $2.26 Range $1.61 - $3.05

Q3 2018

Shares 52,995 Value ($000) $153 Avg Close $3.08 Range $2.51 - $3.63

Q2 2018

Shares 138,400 Value ($000) $471 Avg Close $3.32 Range $2.84 - $3.90

Q1 2018

Shares 57,700 Value ($000) $183 Avg Close $3.54 Range $2.93 - $4.00

Q4 2017

Shares 29,800 Value ($000) $96 Avg Close $3.21 Range $2.67 - $3.79

Q3 2017

Shares 52,000 Value ($000) $142 Avg Close $2.85 Range $2.25 - $3.65

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	20,900	$37	$2.26	$1.61 - $3.05
Q3 2018	52,995	$153	$3.08	$2.51 - $3.63
Q2 2018	138,400	$471	$3.32	$2.84 - $3.90
Q1 2018	57,700	$183	$3.54	$2.93 - $4.00
Q4 2017	29,800	$96	$3.21	$2.67 - $3.79
Q3 2017	52,000	$142	$2.85	$2.25 - $3.65