PANDORA MEDIA INC

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

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

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

Q4 2018
Shares 4,250,000 Value ($000) $4,036 Avg Close — Range —
Q3 2018
Shares 4,250,000 Value ($000) $4,140 Avg Close — Range —
Q2 2018
Shares 4,250,000 Value ($000) $4,065 Avg Close — Range —