PANDORA MEDIA INC

CUSIP: 698354AB3 Class: NOTE 1.750%12/0

HBK INVESTMENTS L P's Holding History (CIK: 0001011443)

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

Q1 2018
Shares 15,000,000 Value ($000) $13,743 Avg Close — Range —
Q4 2017
Shares 25,000,000 Value ($000) $22,117 Avg Close — Range —
Q3 2017
Shares 20,000,000 Value ($000) $18,709 Avg Close — Range —
Q2 2017
Shares 14,000,000 Value ($000) $13,308 Avg Close — Range —