YELP INC

Ticker: YELP CUSIP: 985817105 Class: CL A

CADIAN CAPITAL MANAGEMENT, LP's Holding History (CIK: 0001423686)

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

Q4 2015

Shares 515,000 Value ($000) $14,832 Avg Close $26.28 Range $20.60 - $32.47

Q1 2015

Shares 109,820 Value ($000) $5,200 Avg Close $49.51 Range $42.10 - $57.70

Q4 2014

Shares 309,000 Value ($000) $16,912 Avg Close $59.10 Range $49.17 - $73.41

Q3 2014

Shares 214,000 Value ($000) $14,606 Avg Close $74.52 Range $64.70 - $86.88

Q2 2014

Shares 239,000 Value ($000) $18,327 Avg Close $65.07 Range $49.11 - $81.40

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	515,000	$14,832	$26.28	$20.60 - $32.47
Q1 2015	109,820	$5,200	$49.51	$42.10 - $57.70
Q4 2014	309,000	$16,912	$59.10	$49.17 - $73.41
Q3 2014	214,000	$14,606	$74.52	$64.70 - $86.88
Q2 2014	239,000	$18,327	$65.07	$49.11 - $81.40