PAYPAL HLDGS INC

Ticker: PYPL CUSIP: 70450Y103 Class: COM

Sunriver Management LLC's Holding History (CIK: 0001663900)

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

Q2 2016

Shares 499,900 Value ($000) $18,251 Avg Close $38.14 Range $33.92 - $41.39

Q1 2016

Shares 453,000 Value ($000) $17,486 Avg Close $36.05 Range $30.45 - $41.65

Q4 2015

Shares 201,828 Value ($000) $7,306 Avg Close $35.20 Range $30.68 - $38.43

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	499,900	$18,251	$38.14	$33.92 - $41.39
Q1 2016	453,000	$17,486	$36.05	$30.45 - $41.65
Q4 2015	201,828	$7,306	$35.20	$30.68 - $38.43