X0306 4 2020-05-18 0 0001679826 Ping Identity Holding Corp. PING 0001216495 VEP Group, LLC C/O VISTA EQUITY PARTNERS 4 EMBARCADERO CENTER, 20TH FLOOR SAN FRANCISCO CA 94111 0 0 1 0 0001665262 Vista Equity Partners Fund VI, L.P. 4 EMBARCADERO CENTER, 20TH FLOOR SAN FRANCISCO CA 94111 0 0 1 0 0001665190 Vista Equity Partners Fund VI-A, L.P. 4 EMBARCADERO CENTER, 20TH FLOOR SAN FRANCISCO CA 94111 0 0 1 0 0001665225 VEPF VI FAF, L.P. 4 EMBARCADERO CENTER, 20TH FLOOR SAN FRANCISCO CA 94111 0 0 1 0 0001786074 VEPF VI GP. Ltd. 4 EMBARCADERO CENTER, 20TH FLOOR SAN FRANCISCO CA 94111 0 0 1 0 0001786024 Vista Equity Partners Fund VI GP, L.P. 4 EMBARCADERO CENTER, 20TH FLOOR SAN FRANCISCO CA 94111 0 0 1 0 0001689919 VEPF MANAGEMENT, L.P. 4 EMBARCADERO CENTER, 20TH FLOOR SAN FRANCISCO CA 94111 0 0 1 0 0001216497 SMITH ROBERT F 0 0 1 0 Common stock, $0.001 par value 2020-05-18 4 S 0 7337538 24.00 D 55081998 I See Footnotes On May 18, 2020, the Reporting Persons sold an aggregate 7,337,538 shares of common stock, par value $0.001 ("Common Stock"), of Ping Identity Holding Corp. (the "Issuer") in an underwritten public offering pursuant to the Issuer's Registration Statement on Form S-1 (File No. 333-238161). The aggregate 7,337,538 shares of Common Stock sold by the Reporting Persons include (a) 4,178,342 shares of Common Stock sold by Vista Equity Partners Fund VI, L.P., (b) 3,096,816 shares of Common Stock sold by Vista Equity Partners Fund VI-A, L.P. and (c) 62,380 shares of Common Stock sold by VEPF VI FAF, L.P. Includes (a) 34,079,663 shares held directly by Vista Equity Partners Fund VI, L.P., (b) 20,587,630 shares held directly by Vista Equity Partners Fund VI A, L.P. and (c) 414,705 shares held directly by VEPF VI FAF, L.P. (collectively, the "Vista Funds"). Vista Equity Partners Fund VI GP, 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 2020-05-20 /s/ Lauren Romer, as attorney in fact for Vista Equity Partners Fund VI-A, L.P. 2020-05-20 /s/ Lauren Romer, as attorney in fact for VEPF VI FAF, L.P. 2020-05-20 /s/ Lauren Romer, as attorney in fact for VEPF VI GP, Ltd. 2020-05-20 /s/ Lauren Romer, as attorney in fact for Vista Equity Partners Fund VI GP, L.P. 2020-05-20 /s/ Lauren Romer, as attorney in fact for VEPF Management, L.P. 2020-05-20 /s/ Lauren Romer, as attorney in fact for VEP Group, LLC 2020-05-20 /s/ Lauren Romer, as attorney in fact for Robert F. Smith 2020-05-20