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
Transactions value $: -$8,227,880
Form type: 4
Filing time: 10 Nov 2021, 15:36:24
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	$146K	+30K	+3.87%	$4.88^*	806K	08 Nov 2021	Direct	F1
transaction	PCTY	Common Stock, par value $0.001	Tax liability	-$3.8M	-13.6K	-1.69%	$280.00	792K	08 Nov 2021	Direct
transaction	PCTY	Common Stock, par value $0.001	Sale	-$950K	-3.45K	-0.44%	$275.10	789K	08 Nov 2021	Direct	F1, F2
transaction	PCTY	Common Stock, par value $0.001	Sale	-$655K	-2.37K	-0.3%	$276.59	786K	08 Nov 2021	Direct	F1, F3
transaction	PCTY	Common Stock, par value $0.001	Sale	-$413K	-1.49K	-0.19%	$277.49	785K	08 Nov 2021	Direct	F1, F4
transaction	PCTY	Common Stock, par value $0.001	Sale	-$757K	-2.71K	-0.35%	$278.80	782K	08 Nov 2021	Direct	F1, F5
transaction	PCTY	Common Stock, par value $0.001	Sale	-$885K	-3.16K	-0.4%	$279.91	779K	08 Nov 2021	Direct	F1, F6
transaction	PCTY	Common Stock, par value $0.001	Sale	-$281K	-1K	-0.13%	$281.31	778K	08 Nov 2021	Direct	F1, F7
transaction	PCTY	Common Stock, par value $0.001	Sale	-$632K	-2.24K	-0.29%	$282.34	776K	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	-30K	-33.33%	$0.00	60K	08 Nov 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 $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.