Michael R. Haske - 08 Nov 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
Issuer symbol: PCTY
Transactions as of: 08 Nov 2021
Net transactions value: -$8,227,880
Form type: 4
Filing time: 10 Nov 2021, 15:36:24 UTC
Previous filing: 18 Aug 2021
Next filing: 12 Jul 2022
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	Options Exercise	$146,400	+30,000	+3.9%	$4.88^*	805,885	08 Nov 2021	Direct	F1
transaction	PCTY	Common Stock, par value $0.001	Tax liability	$3,802,680	-13,581	-1.7%	$280.00	792,304	08 Nov 2021	Direct
transaction	PCTY	Common Stock, par value $0.001	Sale	$949,920	-3,453	-0.44%	$275.10	788,851	08 Nov 2021	Direct	F1, F2
transaction	PCTY	Common Stock, par value $0.001	Sale	$654,689	-2,367	-0.3%	$276.59	786,484	08 Nov 2021	Direct	F1, F3
transaction	PCTY	Common Stock, par value $0.001	Sale	$412,628	-1,487	-0.19%	$277.49	784,997	08 Nov 2021	Direct	F1, F4
transaction	PCTY	Common Stock, par value $0.001	Sale	$756,663	-2,714	-0.35%	$278.80	782,283	08 Nov 2021	Direct	F1, F5
transaction	PCTY	Common Stock, par value $0.001	Sale	$884,796	-3,161	-0.4%	$279.91	779,122	08 Nov 2021	Direct	F1, F6
transaction	PCTY	Common Stock, par value $0.001	Sale	$281,310	-1,000	-0.13%	$281.31	778,122	08 Nov 2021	Direct	F1, F7
transaction	PCTY	Common Stock, par value $0.001	Sale	$631,595	-2,237	-0.29%	$282.34	775,885	08 Nov 2021	Direct	F1, F8

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	-30,000	-33%	$0.000000	60,000	08 Nov 2021	Common Stock, par value $0.001	30,000	$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 $274.73 to $275.52, 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 $276.08 to $277.06, inclusive.
F4	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $277.26 to $277.88, inclusive.
F5	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $278.33 to $279.23, inclusive.
F6	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $279.49 to $280.43, inclusive.
F7	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $280.98 to $281.85, inclusive.
F8	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $282.13 to $282.80, inclusive.