GRAND CANYON ED INC

Ticker: LOPE CUSIP: 38526M106 Class: COM

Pine River Capital Management L.P.'s Holding History (CIK: 0001288136)

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

Q4 2016
Shares 8,948 Value ($000) $523 Avg Close $51.14 Range $39.68 - $61.80
Q3 2016
Shares 18,559 Value ($000) $750 Avg Close $41.57 Range $38.81 - $44.98