PAPA JOHNS INTL INC

Ticker: PZZA CUSIP: 698813102 Class: Common Stock

Spark Investment Management LLC's Holding History (CIK: 0001554871)

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

Q3 2015

Shares 34,600 Value ($000) $2,369 Avg Close $58.01 Range $51.56 - $63.85

Q2 2015

Shares 34,600 Value ($000) $2,615 Avg Close $53.64 Range $48.19 - $61.42

Q1 2015

Shares 34,600 Value ($000) $2,140 Avg Close $49.98 Range $44.77 - $52.93

Q1 2014

Shares 41,700 Value ($000) $2,170 Avg Close $39.14 Range $35.79 - $43.64

Q4 2013

Shares 30,800 Value ($000) $1,396 Avg Close $31.56 Range $26.72 - $36.79

Q3 2013

Shares 20,900 Value ($000) $1,460 Avg Close $27.17 Range $25.76 - $28.55

Q2 2013

Shares 36,815 Value ($000) $2,404 Avg Close $25.09 Range $23.18 - $26.41

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	34,600	$2,369	$58.01	$51.56 - $63.85
Q2 2015	34,600	$2,615	$53.64	$48.19 - $61.42
Q1 2015	34,600	$2,140	$49.98	$44.77 - $52.93
Q1 2014	41,700	$2,170	$39.14	$35.79 - $43.64
Q4 2013	30,800	$1,396	$31.56	$26.72 - $36.79
Q3 2013	20,900	$1,460	$27.17	$25.76 - $28.55
Q2 2013	36,815	$2,404	$25.09	$23.18 - $26.41