X0306 4 2016-11-15 0001230276 Pandora Media, Inc. P 0001600681 Clemens Sara C/O PANDORA MEDIA, INC. 2101 WEBSTER STREET, #1650 OAKLAND CA 94612 1 Chief Operating Officer Common Stock 2016-11-15 4 F 0 2701 10.89 D 347657 D Pursuant to the terms of the March 11, 2015 RSU grant as reported on a Form 4 filed on March 13, 2015, 2,701 shares were withheld at vesting to cover required tax withholding. /s/ Jeremy Liegl, Attorney-in-Fact 2016-11-17