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Platte River Capital LLC
> VALE
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 09/30/2015 | Vale S.A. | VALE | 0 | -90,000 | 0 | -530,000 | |
| 06/30/2015 | Vale S.A. | VALE | 90,000 | 90,000 | 530,000 | 530,000 | $5.89 |
| 12/31/2014 | Vale S.A. | VALE | 0 | -22,215 | 0 | -245,000 | |
| 09/30/2014 | Vale S.A. | VALE | 22,215 | 22,215 | 245,000 | 245,000 | $11.03 |
| 06/30/2014 | Vale S.A. | VALE | 177,310 | 177,310 | 2,346,000 | 2,346,000 | $13.23 |
| 03/31/2014 | Vale S.A. | VALE | 121,870 | 121,870 | 1,685,000 | 1,685,000 | $13.83 |
| 12/31/2013 | Vale S.A. | VALE | 117,260 | 117,260 | 1,788,000 | 1,788,000 | $15.25 |
| 12/31/2012 | Vale S.A. | VALE | 0 | -30,000 | 0 | -537,000 | |
| 09/30/2012 | Vale S.A. | VALE | 30,000 | 30,000 | 537,000 | 537,000 | $17.90 |
| 09/30/2009 | Vale S.A. | VALE | 0 | -10,000 | 0 | -190,000 | |
| 06/30/2009 | Vale S.A. | VALE | 10,000 | 10,000 | 190,000 | 190,000 | $19.00 |
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