SAFE BULKERS INC

Ticker: SB CUSIP: Y7388L103 Class: Common Stock

Capstone Financial Advisors, Inc.'s Holding History (CIK: 0001599217)

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

Q4 2016
Shares 20,000 Value ($000) $23 Avg Close $1.37 Range $1.09 - $2.38
Q3 2016
Shares 20,000 Value ($000) $28 Avg Close $1.29 Range $1.01 - $1.67
Q2 2016
Shares 20,000 Value ($000) $21 Avg Close $1.05 Range $0.70 - $1.53
Q1 2016
Shares 20,000 Value ($000) $16 Avg Close $0.59 Range $0.30 - $0.95
Q4 2015
Shares 10,000 Value ($000) $8 Avg Close $2.09 Range $0.80 - $3.75