X0306 4 2016-05-24 0 0001371446 FBR & Co. FBRC 0001218306 HENDRIX RICHARD J 1300 NORTH 17TH STREET SUITE 1400 ARLINGTON VA 22209 1 1 0 0 President and CEO Common Stock 2016-05-24 4 L 0 11 19.414 A 284778 D Common Stock 2016-08-23 4 L 0 14 14.539 A 285014 D Common Stock 2016-11-08 4 P 0 2135 11.89 A 287209 D Shares acquired under brokerage dividend reinvestment plan. This includes a non-discretionary reallocation of 222 RSUs made on July 1, 2016 pursuant to the Issuer's 2016 Retention and Incentive Plan under the 2006 Long Term Incentive Plan. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.65 and $11.907, inclusive. The reporting person undertakes to provide FBR & Co., any security holder of FBR & Co., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4. This includes a non-discretionary reallocation of 60 RSUs made on October 3, 2016 pursuant to the Issuer's 2016 Retention and Incentive Plan under the 2006 Long Term Incentive Plan. Gavin A. Beske, Attorney-in-Fact 2016-11-09