Epstein Secrets

eutsche Bank Securities Inc Deutsche Asset & Wealth Mana.ement From: Tazia Smith/db/dbcom To: *eeyacation@ mail.com, Cc: Nay Gupta Paul Morris, , Vahe Stepanian, , Vinit Sahni/ Date: 03/19/2014 10:00 AM Subject: PCTY PCTY looking —$23 (+$6), supposed to open at 10am, now delayed EFTA01479508 From: Tazia

Subject: Re: PCTY From: Tazia Smith <1 .> Date: Wed, 19 Mar 2014 10:10:24 -0400 To: [email protected] Cc: Nay Gupta Paul Morris Vahe Stepanian Vinit Sahni paired off on 600k shs at $31 (+$14/sh), not open yet Tazia Smith Director I Key Client Partners - US Deutsche Bank Securities Inc

ey Client Partners - US Deutsche Bank Securities Inc Deutsche Asset & Wealth Management Forwarded b Tazia Smith on 03/18/2014 07:56 PM From: Nate Hall To: Date: 03/18/2014 07:39 PM Subject: *** PRICING DETAILS *** LEFT BOOKRUN IPO *** PAYLOCITY HOLDING CORP (NASDAQ: PCTY) *** APPROVED FOR EXTERNA

d EFTA01479518 From: Tazia Smith/db/dbcom To: [email protected], Cc: , Paul Morris, Vinit Sahni/db/dbcom@DBEMEA, Nay Gupta/- db/dbcom@DBEMEA, Vahe Stepanian/db/dbcom@DBAmericas Date: 03/19/2014 09:03 AM Subject: Paylocity (PCTY) Allocation Jeffrey - You were allocated 1,000 PCTY priced at $17. Will post

Subject: Re: PCTY From: Tazia Smith ‹ > Date: Wed, 19 Mar 2014 10:26:21 -0400 To: [email protected] Cc: Nav Gupta Paul Morris Vahe Stepanian Vinit Sahni Paylocity (PCTY) opens at $31 (+$17/sh), and now you can see it trading (—$27.75 last). Let us know if you want to trade. Thanks, Ta

Tel. +1 (212) 454-2889 Fax +1 (646) 257-3131 Mobile +1 (917) 327-4107 Email Forwarded by Tazia Smith/db/dbcom on 03/18/2014 07:56 PM From: Nate Hall/db/dbcom@DBCOEX To: Date: 03/18/2014 07:39 PM Subject: *** PRICING DETAILS *** LEFT BOOKRUN IPO *** PAYLOCITY HOLDING CORP (NASDAQ: PCTY) *** APPRO

d Morning Jeffrey, Today you were allocated 1,200 TNET @ $16.00. Will be in touch after the open. Thank you, Vahe (212) 454-1539 Forwarded by Vahe Stepanian/db/dbcom on 03/27/2014 08:46 AM From: Nate Hall/db/dbcom@DBCOEX To: Date: 03/26/2014 07:15 PM Subject: *** PRICING DETAILS *** JOINT BOOKRUN

@ $16.00. Will be in touch after the open. Thank you, Vahe (212) 454-1539 Forwarded by Vahe Stepanian/db/dbcom on 03/27/2014 08:46 AM From: Nate Hall/db/dbcom@DBCOEX To: Date: 03/26/2014 07:15 PM Subject: *** PRICING DETAILS *** JOINT BOOKRUN IPO *** TRINES GROUP (NYSE: TNET) *** APPROVED F O

. Will post you with trading color into open. Tazia Forwarded =y Tazia Smith/db/dbcom on 03/19/2014 09:00 AM From: Tazia Smith/db/dbcom To: C=: Vahe Stepanian Jay Lipman Date: 03/18/2014 07:58 PM Subject: ••* PRICING DETAILS ••' LEFT =OOKRUN IPO "* PAYLOCITY HOLDING CORP (NASDAQ: PCTY) *'• <=table> "

154 Tel. <te Mobile <tel Email Fax 4.11.S. 2 EFTA_R1_01653970 EFTA02518362 Forwarded =y Tazia Smith/db/dbcom on 03/18/2014 07:56 PM From: Nate Hall To: Date: 03/18/2014 07:39 PM Subject: "• PRICING DETAILS *** LEFT =OOKRUN IPO *** PAYLOCITY HOLDING CORP (NASDAQ: PCTY) •" APPROVED FOR EXTERN