BOYD GAMING CORP

Ticker: BYD CUSIP: 103304101 Class: Common Stock

K2 PRINCIPAL FUND, L.P.'s Holding History (CIK: 0001461790)

Note: Option positions (PUT/CALL) are excluded.

Q3 2017

Shares 9,505 Value ($000) $248 Avg Close $24.32 Range $22.71 - $25.37

Q2 2017

Shares 9,705 Value ($000) $241 Avg Close $22.60 Range $19.97 - $24.57

Q1 2017

Shares 28,000 Value ($000) $616 Avg Close $19.05 Range $17.99 - $20.67

Q4 2016

Shares 16,300 Value ($000) $329 Avg Close $18.05 Range $15.72 - $20.23

Q2 2016

Shares 26,600 Value ($000) $489 Avg Close $18.18 Range $16.29 - $20.09

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2017	9,505	$248	$24.32	$22.71 - $25.37
Q2 2017	9,705	$241	$22.60	$19.97 - $24.57
Q1 2017	28,000	$616	$19.05	$17.99 - $20.67
Q4 2016	16,300	$329	$18.05	$15.72 - $20.23
Q2 2016	26,600	$489	$18.18	$16.29 - $20.09