PAPA JOHNS INTL INC

Ticker: PZZA CUSIP: 698813102 Class: Common Stock

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

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

Q1 2016

Shares 40,008 Value ($000) $2,168 Avg Close $42.60 Range $36.09 - $49.69

Q4 2015

Shares 18,400 Value ($000) $1,028 Avg Close $49.88 Range $43.37 - $60.07

Q3 2014

Shares 18,500 Value ($000) $740 Avg Close $32.68 Range $29.80 - $36.20

Q2 2014

Shares 20,397 Value ($000) $865 Avg Close $35.32 Range $31.83 - $41.83

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	40,008	$2,168	$42.60	$36.09 - $49.69
Q4 2015	18,400	$1,028	$49.88	$43.37 - $60.07
Q3 2014	18,500	$740	$32.68	$29.80 - $36.20
Q2 2014	20,397	$865	$35.32	$31.83 - $41.83