From: Tazia Smith Sent: 3/19/2014 10:00:39 AM To: CC: jeevacation mail.com Nav Gupta Paul Morris Vinit Sahni Subject: PCTY Attachments: pic31302.gif; pic24696.gif PCTY looking .423 (+56), supposed to open at 10am, now delayed From: Tazia Smith To: [email protected], Cc: Paul Morris, vinit sahni way Gupta vahe Stepanian Date: 03/19/2014 09:03 AM Subject: Paylocity (PCTY) Allocation Jeffrey - You were allocated 1,000 PCTY priced at $17. Will post you with trading color into open. Tazia Forwarded by Tazia Smith. on 03/19/2014 09:00 AM Vahe Stepanian From: Tazia Smith To: Cc: vahe Stepanian Jay Lipman Date: 03/18/2014 07:58 PM Subject: *** PRICING DETAILS *** LEFT BOOKRUN IPO *** PAYLOCITY HOLDING CORP (NASDAQ: PCTY) *** *** 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 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0123464 CONFIDENTIAL SDNY_GM_00269648 EFTA01461424