O'Bryan John R [Rocket]

Date	Name	Symbol	Type	Security	Shares	Price	Value	Reported
12/05/2018	American Railcar Industries, Inc.	ARII	Disposition	Stock Appreciation Right	46.2k	$38.28	$1.8M	12/05/2018
12/05/2018	American Railcar Industries, Inc.	ARII	Disposition	Stock Appreciation Right	18.3k	$35.99	$659.2k	12/05/2018
03/16/2018	American Railcar Industries, Inc.	ARII	Grant	Stock Appreciation Rights	46.2k	$38.28	$1.8M	03/16/2018