Steven Ira Sarowitz - 20 Aug 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
Issuer symbol: PCTY
Transactions as of: 20 Aug 2021
Net transactions value: -$6,959,135
Form type: 4
Filing time: 24 Aug 2021, 16:06:21 UTC
Previous filing: 23 Aug 2021
Next filing: 25 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PCTY	Common Stock, par value $0.001	Sale	$294,804	-1,198	-0.01%	$246.08	12,242,594	20 Aug 2021	Direct	F1, F2
transaction	PCTY	Common Stock, par value $0.001	Sale	$623,867	-2,522	-0.02%	$247.37	12,240,072	20 Aug 2021	Direct	F1, F3
transaction	PCTY	Common Stock, par value $0.001	Sale	$996,581	-4,012	-0.03%	$248.40	12,236,060	20 Aug 2021	Direct	F1, F4
transaction	PCTY	Common Stock, par value $0.001	Sale	$1,525,570	-6,115	-0.05%	$249.48	12,229,945	20 Aug 2021	Direct	F1, F5
transaction	PCTY	Common Stock, par value $0.001	Sale	$1,897,945	-7,573	-0.06%	$250.62	12,222,372	20 Aug 2021	Direct	F1, F6
transaction	PCTY	Common Stock, par value $0.001	Sale	$1,427,993	-5,677	-0.05%	$251.54	12,216,695	20 Aug 2021	Direct	F1, F7
transaction	PCTY	Common Stock, par value $0.001	Sale	$192,375	-763	-0.01%	$252.13	12,215,932	20 Aug 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 $245.78 to $246.72, 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 of 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 $246.83 to $247.81, inclusive.
F4	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $247.87 to $248.86, inclusive.
F5	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $248.93 to $249.90, inclusive.
F6	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $250.01 to $251.01, inclusive.
F7	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $251.03 to $252.03, inclusive.
F8	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $252.11 to $252.17, inclusive.