Paylocity Holding Corp — Director's Dealing 2014

Aug 20, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Paylocity Holding Corp (PCTY)
CIK: 0001591698
Period of Report: 2014-08-18

Reporting Person: Gaty Edward W (Sr. VP of Product Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-18	Common Stock, par value $0.001	A	7000	—	Acquired	7000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-18	Employee Stock Option (right to buy)	$24.80	A	15000	Acquired	2024-08-18	Common Stock (15000)	Direct

Footnotes

F1: Reflects the grant of restricted stock units (RSUs) that will entitle Reporting Person to receive one (1) share of Common Stock per RSU. The RSUs will vest annually in four equal installments beginning on August 18, 2015. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan.

F2: The option is exercisable with respect to 3,750 shares on August 18, 2015, with an additional 3,750 shares exercisable on August 18th of each subsequent year until all option shares are exercisable.