CALPINE CORP

CUSIP: 131347304 Class: COM

Ancient Art, L.P.'s Holding History (CIK: 0001426749)

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

Q1 2016
Shares 1,128,769 Value ($000) $17,123 Avg Close — Range —
Q4 2015
Shares 2,117,581 Value ($000) $30,641 Avg Close — Range —