X0306 4 2017-11-10 0 0000923120 GREENBRIER COMPANIES INC GBX 0000937952 FURMAN WILLIAM A C/O THE GREENBRIER COMPANIES, INC. ONE CENTERPOINTE DRIVE, SUITE 200 LAKE OSWEGO OR 97035-8612 1 1 0 0 President & CEO Common stock - GBX 2017-11-10 4 S 0 38550 48.673 D 168647 I By William A Furman Revocable Living Trust Common stock - GBX 2017-11-10 4 S 0 1802 49.397 D 166845 I By William A Furman Revocable Living Trust Common stock - GBX 2017-11-15 4 S 0 37650 45.598 D 129195 I By William A Furman Revocable Living Trust Common stock - GBX 2017-11-16 4 S 0 36250 46.30 D 92945 I By William A Furman Revocable Living Trust Common stock - GBX 2017-11-16 4 S 0 3400 46.715 D 89545 I By William A Furman Revocable Living Trust The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.30 to $49.30, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.325 to $49.425, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.35 to $46.15, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.65 to $46.65, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.675 to $46.80, 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/ William A. Furman By Feng C. Grove Attorney-in-fact 2017-11-17