PANERA BREAD CO

CUSIP: 69840W108 Class: CL A

RATIONAL ADVISORS LLC's Holding History (CIK: 0001143565)

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

Q4 2013
Shares 779 Value ($000) $138 Avg Close — Range —
Q3 2013
Shares 809 Value ($000) $128 Avg Close — Range —
Q2 2013
Shares 855 Value ($000) $159 Avg Close — Range —
Q1 2013
Shares 1,335 Value ($000) $221 Avg Close — Range —
Q3 2012
Shares 8,350 Value ($000) $1,427 Avg Close — Range —
Q2 2012
Shares 8,350 Value ($000) $1,164 Avg Close — Range —
Q1 2012
Shares 8,400 Value ($000) $1,352 Avg Close — Range —
Q4 2011
Shares 15,320 Value ($000) $2,167 Avg Close — Range —
Q3 2011
Shares 15,320 Value ($000) $1,592 Avg Close — Range —
Q1 2009
Shares 1,600 Value ($000) $89 Avg Close — Range —