Paylocity Holding Corp — Director's Dealing 2020

May 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Paylocity Holding Corp (PCTY)
CIK: 0001591698
Period of Report: 2020-05-08

Reporting Person: Sarowitz Steven I (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-08	Common Stock, par value $0.001	S	3922.00	$113.37	Disposed	13765410.00	Direct
2020-05-08	Common Stock, par value $0.001	S	12110.00	$114.51	Disposed	13753300.00	Direct
2020-05-08	Common Stock, par value $0.001	S	74515.00	$115.40	Disposed	13678785.00	Direct
2020-05-08	Common Stock, par value $0.001	S	49438.00	$116.35	Disposed	13629347.00	Direct
2020-05-08	Common Stock, par value $0.001	S	33298.00	$117.48	Disposed	13596049.00	Direct
2020-05-08	Common Stock, par value $0.001	S	16489.00	$118.32	Disposed	13579560.00	Direct
2020-05-08	Common Stock, par value $0.001	S	5628.00	$119.39	Disposed	13573932.00	Direct
2020-05-08	Common Stock, par value $0.001	S	1200.00	$120.16	Disposed	13572732.00	Direct
2020-05-08	Common Stock, par value $0.001	S	500.00	$121.24	Disposed	13572232.00	Direct
2020-05-08	Common Stock, par value $0.001	S	1800.00	$122.27	Disposed	13570432.00	Direct
2020-05-08	Common Stock, par value $0.001	S	1100.00	$123.14	Disposed	13569332.00	Direct
2020-05-08	Common Stock, par value $0.001	S	1200.00	$113.33	Disposed	124800.00	Indirect
2020-05-08	Common Stock, par value $0.001	S	5799.00	$114.85	Disposed	119001.00	Indirect
2020-05-08	Common Stock, par value $0.001	S	12870.00	$115.52	Disposed	106131.00	Indirect
2020-05-08	Common Stock, par value $0.001	S	9023.00	$116.57	Disposed	97108.00	Indirect
2020-05-08	Common Stock, par value $0.001	S	7705.00	$117.67	Disposed	89403.00	Indirect
2020-05-08	Common Stock, par value $0.001	S	3503.00	$118.50	Disposed	85900.00	Indirect
2020-05-08	Common Stock, par value $0.001	S	1000.00	$119.74	Disposed	84900.00	Indirect
2020-05-08	Common Stock, par value $0.001	S	200.00	$120.87	Disposed	84700.00	Indirect
2020-05-08	Common Stock, par value $0.001	S	500.00	$122.14	Disposed	84200.00	Indirect
2020-05-08	Common Stock, par value $0.001	S	200.00	$123.14	Disposed	84000.00	Indirect

Footnotes

F1: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 10, 2019.

F10: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $121.02 to $121.70, inclusive.

F11: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $122.08 to $122.72, inclusive.

F12: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the Julian Grace Foundation on December 16, 2019.

F13: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $113.08 to $114.01, inclusive. The reporting person undertakes to provide Paylocity Holding corporation, any security holder of Paylocity Holding Corporation, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 13, 14 15, 16, 17, 18, 19, 20 and 21 of this Form 4.

F14: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $114.10 to $115.10, inclusive.

F15: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $115.11 to $116.11, inclusive.

F16: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $116.12 to $117.11, inclusive.

F17: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $117.13 to $118.10, inclusive.

F18: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $118.15 to $119.08, inclusive.

F19: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $119.39 to $120.02, inclusive.

F2: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $112.88 to $113.64, inclusive. The reporting person undertakes to provide to Paylocity Holding Corporation, any security holder of Paylocity Holding Corporation, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 2, 3, 4, 5, 6, 7, 8, 9, 10 and 11 of this Form 4.

F20: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $120.86 to $120.87, inclusive.

F21: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $122.08 to $122.32, inclusive.

F3: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $113.93 to $114.92, inclusive.

F4: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $114.94 to $115.94, inclusive.

F5: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $115.95 to $116.95, inclusive.

F6: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $116.96 to $117.96, inclusive.

F7: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $117.98 to $118.96, inclusive.

F8: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $119.00 to $119.97, inclusive.

F9: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $120.01 to $120.37, inclusive.