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GRUBER & MCBAINE CAPITAL MANAGEMENT LLC
> VLCCF
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2015 | Golden Ocean Group Ltd | VLCCF | 0 | -100,000 | 0 | -500,000 | |
| 03/31/2015 | Golden Ocean Group Ltd | VLCCF | 100,000 | 100,000 | 500,000 | 500,000 | $5.00 |
| 12/31/2014 | Golden Ocean Group Ltd | VLCCF | 15,000 | 15,000 | 68,000 | 68,000 | $4.53 |
| 09/30/2014 | Golden Ocean Group Ltd | VLCCF | 0 | -15,000 | 0 | -213,000 | |
| 06/30/2014 | Golden Ocean Group Ltd | VLCCF | 15,000 | 15,000 | 213,000 | 213,000 | $14.20 |
| 03/31/2014 | Golden Ocean Group Ltd | VLCCF | 15,000 | 15,000 | 203,000 | 203,000 | $13.53 |
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