| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PING | Common stock, $0.001 par value | Sale | -$21.2M | -900K | -4.34% | $23.60 | 19.8M | Aug 30, 2021 | See footnotes | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | The aggregate 900,000 shares of Common Stock sold by the Reporting Persons include (a) 556,837 shares of Common Stock sold by Vista Equity Partners Fund VI, L.P., (b) 336,387 shares of Common Stock sold by Vista Equity Partners Fund VI-A, L.P. and (c) 6,776 shares of Common Stock sold by VEPF VI FAF, L.P.. |
| F2 | Includes (a) 12,272,285 shares held directly by VEPF VI, (b) 7,413,726 shares held directly by Vista Equity Partners Fund VI A, L.P. ("VEPF VI-A") and (c) 149,339 shares held directly by VEPF VI FAF, L.P. (together with VEPF VI and VEPF VI-A, the "Vista Funds"). 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. |
| F3 | 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. |