PAPA JOHNS INTL INC

Ticker: PZZA CUSIP: 698813102 Class: Common Stock

K2 PRINCIPAL FUND, L.P.'s Holding History (CIK: 0001461790)

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

Q1 2018

Shares 11,891 Value ($000) $681 Avg Close $49.64 Range $44.87 - $57.48

Q4 2017

Shares 11,000 Value ($000) $617 Avg Close $51.42 Range $45.56 - $60.62

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	11,891	$681	$49.64	$44.87 - $57.48
Q4 2017	11,000	$617	$51.42	$45.56 - $60.62