| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PCTY | Common Stock, par value $0.001 | Award | $0 | +14.4K | +14.57% | $0.00 | 113K | Aug 16, 2021 | Direct | F1 |
| transaction | PCTY | Common Stock, par value $0.001 | Award | $0 | +13.1K | +11.6% | $0.00 | 126K | Aug 16, 2021 | Direct | F2 |
| transaction | PCTY | Common Stock, par value $0.001 | Tax liability | -$2.13M | -8.51K | -6.73% | $250.57 | 118K | Aug 16, 2021 | Direct | |
| transaction | PCTY | Common Stock, par value $0.001 | Sale | -$207K | -839 | -0.71% | $246.34 | 117K | Aug 16, 2021 | Direct | F3, F4 |
| transaction | PCTY | Common Stock, par value $0.001 | Sale | -$228K | -923 | -0.79% | $247.48 | 116K | Aug 16, 2021 | Direct | F3, F5 |
| transaction | PCTY | Common Stock, par value $0.001 | Sale | -$274K | -1.1K | -0.95% | $248.66 | 115K | Aug 16, 2021 | Direct | F3, F6 |
| transaction | PCTY | Common Stock, par value $0.001 | Sale | -$284K | -1.14K | -0.99% | $249.65 | 114K | Aug 16, 2021 | Direct | F3, F7 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PCTY | Market Stock Units | Award | $0 | +5.63K | $0.00 | 5.63K | Aug 16, 2021 | Common Stock, par value $0.001 | 5.63K | $0.00 | Direct | F8, F9, F10 |
| Id | Content |
|---|---|
| F1 | Represents performance-based restricted stock units (PRSUs) awarded pursuant to the Issuer's 2014 Equity Incentive Plan for which performance criteria have been satisfied that will entitle the Reporting Person to receive one share of the Issuer's common stock per PRSU upon vesting. The PRSUs vest on August 15, 2022, subject to continued service through the vesting date. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan. |
| F10 | Restricted stock units do not expire; they either vest or are canceled prior to or upon the vesting date. |
| F2 | 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 16, 2022. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan. |
| F3 | The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on February 22, 2021. |
| F4 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $245.97 to $246.90, 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 4, 5, 6 and 7 of this Form 4. |
| F5 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $247.14 to $248.08, inclusive. |
| F6 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $248.20 to $249.20, inclusive. |
| F7 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $249.24 to $250.23, inclusive. |
| F8 | Reflects the grant of a target number of market stock units (MSUs) subject to the award as presented in the table which will entitle Reporting Person to receive one (1) share of Common Stock per MSU. The number of MSUs that vest may be 0%-200% of this number ("awarded units"), depending upon performance. Following the achievement by the Issuer of certain total shareholder return objectives, the awarded units will vest on September 1, 2024. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan. |
| F9 | Represents the vesting and release date for these awards. |