From: Tazia Smith Sent: 3/19/201410:00:39 AM To: jeevacation@gmail.com CC: Nav Gupta Ii; Paul Morris • Vahe Stepanian I ; Vinit Sahni I Subject: PCTY Attachments: pic26SS0.gif; pic32406.gif PCTY looking -$23 (+56), supposed to open at 10am, now delayed From: Tazia Smith/db/dbcom To: jeevacation@gmail.com, Cc: Paul Morris, vinit sahni/db/dbcomOD6EmEA, Nay Gupta/db/dbcomODBBmEA, vahe stepanian/db/dbcom@DBAmeri cas Date: 03/19/2014 09:03 AM subject: Paylocity (PCTY) Allocation Jeffrey - You were allocated 1,000 PCTY priced at 517. Will post you with trading color into open. Tazia Forwarded by Tazia smith/db/dbcom on 03/19/2014 09:00 AM From: Tazia Smith/db/dbcom To: Cc: Vahe stepanian/db/dbcom@Dimmericas, Jay Lipman/db/dbcom@DBAMERICAS Date: 03/18/2014 07:58 PM subject: *** PRICING DETAILS *** LEFT BOOKRUN IPO *** PAYLOCITY HOLDING CORP (NASDAQ: PCTY) *** fi O4 APPROVED FOR EXTERNAL DISTRIBUTION *** Issuer: Paylocity Holding Corp symbol: PCTY Deal size: 7,045,000 shares (71% primary / 29% secondary) plus 15% greenshoe (35% primary / 65% secondary) *** upsize from 6,670,000 shares offer price: 517.00 Exchange: Nasdaq CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 101527 CONFIDENTIAL SDNY_GM_00247711 EFTA01447040