X0306 4 2020-05-13 0 0001679826 Ping Identity Holding Corp. PING 0001216495 VEP Group, LLC C/O VISTA EQUITY PARTNERS 4 EMBARCADERO CENTER, 20TH FL. SAN FRANCISCO CA 94111 0 0 1 0 0001665262 Vista Equity Partners Fund VI, L.P. C/O VISTA EQUITY PARTNERS 4 EMBARCADERO CENTER, 20TH FL. SAN FRANCISCO CA 94111 0 0 1 0 0001665190 Vista Equity Partners Fund VI-A, L.P. C/O VISTA EQUITY PARTNERS 4 EMBARCADERO CENTER, 20TH FL. SAN FRANCISCO CA 94111 0 0 1 0 0001665225 VEPF VI FAF, L.P. C/O VISTA EQUITY PARTNERS 4 EMBARCADERO CENTER, 20TH FL. SAN FRANCISCO CA 94111 0 0 1 0 0001786074 VEPF VI GP. Ltd. C/O VISTA EQUITY PARTNERS 4 EMBARCADERO CENTER, 20TH FL. SAN FRANCISCO CA 94111 0 0 1 0 0001786024 Vista Equity Partners Fund VI GP, L.P. C/O VISTA EQUITY PARTNERS 4 EMBARCADERO CENTER, 20TH FL. SAN FRANCISCO CA 94111 0 0 1 0 0001689919 VEPF MANAGEMENT, L.P. C/O VISTA EQUITY PARTNERS 4 EMBARCADERO CENTER, 20TH FL. SAN FRANCISCO CA 94111 0 0 1 0 0001216497 SMITH ROBERT F C/O VISTA EQUITY PARTNERS 4 EMBARCADERO CENTER, 20TH FL. SAN FRANCISCO CA 94111 0 0 1 0 Common stock, $0.001 par value 2020-05-13 4 J 0 503053 0.00 D 62864445 I See footnotes Common stock, $0.001 par value 2020-05-13 4 G 0 444909 0.00 D 62419536 I See footnotes On May 13, 2020, Vista Equity Partners Fund VI, L.P. made a distribution-in-kind of 947,962 shares to Vista Equity Partners Fund VI GP, L.P. ("Fund VI GP") and Fund VI GP made a distribution-in-kind of 947,962 shares to certain of its limited partners. Robert F. Smith received 444,909 shares on account of this distribution-in-kind. Represents shares received by the Sangreal Trust, dated December 1, 2009 on account of the distribution-in-kind described in footnote (1). Includes (i) (a) 38,258,005 shares held directly by Vista Equity Partners Fund VI, L.P., (b) 23,684,446 shares held directly by Vista Equity Partners Fund VI A, L.P. and (c) 477,085 shares held directly by VEPF VI FAF, L.P. (collectively, the "Vista Funds") and (ii) 444,909 shares held directly by Robert F. Smith. Fund VI GP is the sole general partner of each of the Vista Funds. Fund VI GP's sole general partner is VEPF VI GP, Ltd. ("Fund VI UGP"). Robert F. Smith is the Sole Director of Fund VI UGP, as well as one of its 11 Members. VEPF Management, L.P. (the "Management Company"), is the sole management company of each of the Vista Funds. The Management Company's sole general partner is VEP Group, LLC ("VEP Group"). Robert F. Smith is the sole Managing Member of VEP Group. Consequently, Mr. Smith, Fund VI GP, Fund VI UGP, the Management Company and VEP Group may be deemed the beneficial owners of the shares held by the Vista Funds. Each of the Vista Funds, Fund VI GP, Fund VI UGP, the Management Company, VEP Group and Mr. Smith expressly disclaim beneficial ownership of any shares not held directly, except to the extent of its or his pecuniary interest. Represents a charitable contribution of the 444,909 shares held by Robert F. Smith following the distribution-in-kind described in footnote (1). Includes (a) 38,258,005 shares held directly by Vista Equity Partners Fund VI, L.P., (b) 23,684,446 shares held directly by Vista Equity Partners Fund VI A, L.P. and (c) 477,085 shares held directly by VEPF VI FAF, L.P. Fund VI GP is the sole general partner of each of the Vista Funds. Fund VI GP's sole general partner is VEPF VI GP, Ltd. ("Fund VI UGP"). Robert F. Smith is the Sole Director of Fund VI UGP, as well as one of its 11 Members. VEPF Management, L.P. (the "Management Company"), is the sole management company of each of the Vista Funds. The Management Company's sole general partner is VEP Group, LLC ("VEP Group"). Robert F. Smith is the sole Managing Member of VEP Group. Consequently, Mr. Smith, Fund VI GP, Fund VI UGP, the Management Company and VEP Group may be deemed the beneficial owners of the shares held by the Vista Funds. Each of the Vista Funds, Fund VI GP, Fund VI UGP, the Management Company, VEP Group and Mr. Smith expressly disclaim beneficial ownership of any shares not held directly, except to the extent of its or his pecuniary interest. /s/ Lauren Romer, as attorney in fact for Vista Equity Partners Fund VI, L.P 2020-05-15 /s/ Lauren Romer, as attorney in fact for Vista Equity Partners VI-A, L.P. 2020-05-15 /s/ Lauren Romer, as attorney in fact for VEPF VI FAF, L.P 2020-05-15 /s/ Lauren Romer, as attorney in fact for VEPF VI GP, Ltd. 2020-05-15 /s/ Lauren Romer, as attorney in fact for Vista Equity Partners Fund VI GP, L.P. 2020-05-15 /s/ Lauren Romer, as attorney in fact for VEPF Management, L.P. 2020-05-15 /s/ Lauren Romer, as attorney in fact for VEP Group, LLC 2020-05-15 /s/ Lauren Romer, as attorney in fact for Robert F. Smith 2020-05-15