Michael R. Haske - May 11, 2021 Form 4 Insider Report for Paylocity Holding Corp (PCTY)

Role: President and COO
Signature: /s/ Kris Kang, attorney-in-fact to Michael R. Haske
Stock symbol: PCTY
Transactions as of: May 11, 2021
Transactions value $: -$4,715,690
Form type: 4
Date filed: 5/13/2021, 04:03 PM
Next filing: Aug 12, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PCTY	Common Stock, par value $0.001	Options Exercise	$146K	+30K	+3.94%	$4.88^*	791K	May 11, 2021	Direct	F1
transaction	PCTY	Common Stock, par value $0.001	Tax liability	-$2.25M	-13.8K	-1.74%	$162.82	777K	May 11, 2021	Direct
transaction	PCTY	Common Stock, par value $0.001	Sale	-$146K	-929	-0.12%	$156.88	776K	May 11, 2021	Direct	F1, F2
transaction	PCTY	Common Stock, par value $0.001	Sale	-$111K	-700	-0.09%	$158.64	776K	May 11, 2021	Direct	F1, F3
transaction	PCTY	Common Stock, par value $0.001	Sale	-$373K	-2.34K	-0.3%	$159.60	773K	May 11, 2021	Direct	F1, F4
transaction	PCTY	Common Stock, par value $0.001	Sale	-$323K	-2K	-0.26%	$161.42	771K	May 11, 2021	Direct	F1, F5
transaction	PCTY	Common Stock, par value $0.001	Sale	-$1.54M	-9.5K	-1.23%	$162.40	762K	May 11, 2021	Direct	F1, F6
transaction	PCTY	Common Stock, par value $0.001	Sale	-$121K	-741	-0.1%	$163.16	761K	May 11, 2021	Direct	F1, F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PCTY	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-30K	-20%	$0.00	120K	May 11, 2021	Common Stock, par value $0.001	30K	$4.88	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 16, 2020.
F2	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $156.85 to $157.07, 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 and 7 on this Form 4.
F3	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $158.37 to $159.30, inclusive.
F4	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $159.46 to $160.13, inclusive.
F5	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $161.02 to $162.02, inclusive.
F6	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $162.04 to $163.04, inclusive.
F7	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $163.05 to $163.22, inclusive.