PANDORA MEDIA INC

CUSIP: 698354107 Class: COMMON STOCK

WATER ISLAND CAPITAL LLC's Holding History (CIK: 0001222765)

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

Q4 2018
Shares 2,621,808 Value ($000) $21,210 Avg Close — Range —
Q3 2018
Shares 729,200 Value ($000) $6,935 Avg Close — Range —
Q1 2017
Shares 213,736 Value ($000) $2,524 Avg Close — Range —
Q4 2016
Shares 255,000 Value ($000) $3,325 Avg Close — Range —