PANERA BREAD CO

CUSIP: 69840W108 Class: CL A

Cavalier Investments, LLC's Holding History (CIK: 0001655543)

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

Q1 2017
Shares 1,013 Value ($000) $265 Avg Close — Range —
Q4 2016
Shares 1,095 Value ($000) $225 Avg Close — Range —
Q3 2016
Shares 1,045 Value ($000) $203 Avg Close — Range —