PANERA BREAD CO

CUSIP: 69840W108 Class: CL A

ARIEL INVESTMENTS, LLC's Holding History (CIK: 0000936753)

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

Q2 2015
Shares 1,664 Value ($000) $291 Avg Close — Range —
Q1 2015
Shares 24,749 Value ($000) $3,960 Avg Close — Range —
Q4 2014
Shares 10,916 Value ($000) $1,908 Avg Close — Range —
Q3 2014
Shares 29,884 Value ($000) $4,863 Avg Close — Range —
Q2 2014
Shares 29,162 Value ($000) $4,369 Avg Close — Range —