TRIPADVISOR INC

Ticker: TRIP CUSIP: 896945201 Class: Common Stock

SANDLER CAPITAL MANAGEMENT's Holding History (CIK: 0001000742)

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

Q1 2016

Shares 16,960 Value ($000) $1,128 Avg Close $58.87 Range $47.56 - $74.67

Q4 2015

Shares 34,000 Value ($000) $2,899 Avg Close $71.77 Range $56.02 - $77.81

Q2 2014

Shares 124,700 Value ($000) $13,550 Avg Close $81.79 Range $66.81 - $98.92

Q1 2014

Shares 69,900 Value ($000) $6,332 Avg Close $81.07 Range $64.53 - $97.63

Q4 2013

Shares 638,300 Value ($000) $52,870 Avg Close $72.75 Range $60.57 - $80.42

Q2 2013

Shares 160,380 Value ($000) $9,762 Avg Close $50.93 Range $42.85 - $58.17

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2016	16,960	$1,128	$58.87	$47.56 - $74.67
Q4 2015	34,000	$2,899	$71.77	$56.02 - $77.81
Q2 2014	124,700	$13,550	$81.79	$66.81 - $98.92
Q1 2014	69,900	$6,332	$81.07	$64.53 - $97.63
Q4 2013	638,300	$52,870	$72.75	$60.57 - $80.42
Q2 2013	160,380	$9,762	$50.93	$42.85 - $58.17