PAYPAL HLDGS INC

Ticker: PYPL CUSIP: 70450Y103 Class: COM

BAUPOST GROUP LLC/MA's Holding History (CIK: 0001061768)

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

Q3 2016

Shares 5,000,000 Value ($000) $204,850 Avg Close $38.34 Range $35.63 - $41.20

Q2 2016

Shares 5,664,087 Value ($000) $206,796 Avg Close $38.14 Range $33.92 - $41.39

Q1 2016

Shares 7,059,745 Value ($000) $272,506 Avg Close $36.05 Range $30.45 - $41.65

Q4 2015

Shares 11,109,278 Value ($000) $402,156 Avg Close $35.20 Range $30.68 - $38.43

Q3 2015

Shares 10,904,852 Value ($000) $338,487 Avg Close $35.85 Range $29.93 - $42.45

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	5,000,000	$204,850	$38.34	$35.63 - $41.20
Q2 2016	5,664,087	$206,796	$38.14	$33.92 - $41.39
Q1 2016	7,059,745	$272,506	$36.05	$30.45 - $41.65
Q4 2015	11,109,278	$402,156	$35.20	$30.68 - $38.43
Q3 2015	10,904,852	$338,487	$35.85	$29.93 - $42.45