Steven I. Sarowitz - May 14, 2021 Form 4 Insider Report for Paylocity Holding Corp (PCTY)

Role
Director, 10%+ Owner
Signature
/s/ Kris Kang, attorney-in-fact to Steven I. Sarowitz
Stock symbol
PCTY
Transactions as of
May 14, 2021
Transactions value $
-$20,701,507
Form type
4
Date filed
5/18/2021, 04:25 PM
Previous filing
May 17, 2021
Next filing
Aug 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCTY Common Stock, par value $0.001 Sale -$480K -3.02K -0.02% $158.90 12.4M May 14, 2021 Direct F1, F2
transaction PCTY Common Stock, par value $0.001 Sale -$905K -5.66K -0.05% $159.82 12.4M May 14, 2021 Direct F1, F3
transaction PCTY Common Stock, par value $0.001 Sale -$776K -4.83K -0.04% $160.75 12.4M May 14, 2021 Direct F1, F4
transaction PCTY Common Stock, par value $0.001 Sale -$4.72M -29.1K -0.23% $161.89 12.4M May 14, 2021 Direct F1, F5
transaction PCTY Common Stock, par value $0.001 Sale -$9.13M -56.1K -0.45% $162.76 12.3M May 14, 2021 Direct F1, F6
transaction PCTY Common Stock, par value $0.001 Sale -$3.59M -21.9K -0.18% $163.77 12.3M May 14, 2021 Direct F1, F7
transaction PCTY Common Stock, par value $0.001 Sale -$1.11M -6.72K -0.05% $164.74 12.3M May 14, 2021 Direct F1, F8
* 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 $158.23 to $159.23, 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 and 8 in 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 $159.25 to $160.25, inclusive.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $160.28 to $161.28, inclusive.
F5 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $161.29 to $162.29, inclusive.
F6 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $162.33 to $163.33, inclusive.
F7 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $163.34 to $164.34, inclusive.
F8 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $164.37 to $164.98, inclusive.