D Jessica Steel

Insider Trading: Sales

Company	Symbol	Price	Amount	Relationship	Remaining Holdings	Date	Form 4
Pandora Media Inc.	P	$10.59	7,300	Officer	760,651	2012-05-15	Filing
Pandora Media Inc.	P	$9.51	10,960	Officer	767,951	2012-05-14	Filing
Pandora Media Inc.	P	$8.65	7,300	Officer	778,911	2012-05-01	Filing
Pandora Media Inc.	P	$8.62	10,960	Officer	786,211	2012-04-30	Filing
Pandora Media Inc.	P	$8.31	7,300	Officer	797,171	2012-04-17	Filing
Pandora Media Inc.	P	$8.35	10,960	Officer	804,471	2012-04-16	Filing
Pandora Media Inc.	P	$10.48	10,960	Officer	815,431	2012-04-03	Filing
Pandora Media Inc.	P	$10.15	7,300	Officer	814,159	2012-04-02	Filing
Pandora Media Inc.	P	$10.57	10,960	Officer	821,459	2012-03-20	Filing
Pandora Media Inc.	P	$10.14	7,300	Officer	832,419	2012-03-19	Filing
Pandora Media Inc.	P	$14.27	10,960	Officer	839,719	2012-03-06	Filing
Pandora Media Inc.	P	$14.86	32,878	Officer	850,679	2012-03-05	Filing
Pandora Media Inc.	P	$12.42	10,960	Officer	883,557	2012-02-22	Filing
Pandora Media Inc.	P	$12.93	7,300	Officer	894,517	2012-02-21	Filing
Pandora Media Inc.	P	$14.41	10,960	Officer	901,817	2012-02-07	Filing
Pandora Media Inc.	P	$14.50	7,300	Officer	912,777	2012-02-06	Filing
Pandora Media Inc.	P	$12.86	10,960	Officer	920,077	2012-01-24	Filing
Pandora Media Inc.	P	$13.20	7,300	Officer	931,037	2012-01-23	Filing
Pandora Media Inc.	P	$10.24	18,260	Officer	938,337	2012-01-09	Filing
Pandora Media Inc.	P	$9.92	18,260	Officer	956,597	2011-12-27	Filing