SAFE BULKERS INC

Ticker: SB CUSIP: Y7388L103 Class: Common Stock

Alpine Global Management, LLC's Holding History (CIK: 0001581655)

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

Q2 2016
Shares 51,363 Value ($000) $54 Avg Close $1.05 Range $0.70 - $1.53
Q4 2014
Shares 12,125 Value ($000) $47 Avg Close $5.02 Range $3.77 - $6.77