X0306 4 2016-11-08 0 0000923120 GREENBRIER COMPANIES INC GBX 0001216953 RITTENBAUM MARK J C/O THE GREENBRIER COMPANIES, INC. ONE CENTERPOINTE DRIVE, SUITE 200 LAKE OSWEGO OR 97035-8612 0 1 0 0 EVP, Commercial & Leasing Common stock - GBX 2016-11-08 4 S 0 7869 30.8137 D 89107 D Sale of shares was executed pursuant to a sales plan adopted August 1, 2016 and intended to comply with the requirements of Rule 10b5-1(c)(1) under the Securities Exchange Act of 1934. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.65 to $31.05, inclusive. The Reporting Person undertakes to provide to The Greenbrier Companies, Inc., any security holder of The Greenbrier Companies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. /s/ Mark J. Rittenbaum By Feng C. Grove Attorney-in-fact 2016-11-09