SCORPIO BULKERS INC

CUSIP: Y7546A106 Class: SHS

HOURGLASS CAPITAL, LLC's Holding History (CIK: 0001442573)

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

Q4 2015
Shares 172,480 Value ($000) $1,706 Avg Close — Range —
Q3 2015
Shares 4,181,248 Value ($000) $6,105 Avg Close — Range —
Q2 2015
Shares 3,208,203 Value ($000) $5,229 Avg Close — Range —
Q1 2015
Shares 1,664,791 Value ($000) $3,946 Avg Close — Range —
Q4 2014
Shares 1,046,676 Value ($000) $2,062 Avg Close — Range —
Q3 2014
Shares 682,396 Value ($000) $3,972 Avg Close — Range —
Q2 2014
Shares 546,086 Value ($000) $4,860 Avg Close — Range —
Q1 2014
Shares 477,931 Value ($000) $4,832 Avg Close — Range —