Steven Ira Sarowitz - 16 May 2022 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: 16 May 2022
Net transactions value: -$7,981,309
Form type: 4
Filing time: 18 May 2022, 17:10:09 UTC
Previous filing: 17 May 2022
Next filing: 19 May 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	Sale	$112,490	-700	-0.01%	$160.70	11,515,477	16 May 2022	Direct	F1, F2
transaction	PCTY	Common Stock, par value $0.001	Sale	$1,658,280	-10,261	-0.09%	$161.61	11,505,216	16 May 2022	Direct	F1, F3
transaction	PCTY	Common Stock, par value $0.001	Sale	$2,367,866	-14,567	-0.13%	$162.55	11,490,649	16 May 2022	Direct	F1, F4
transaction	PCTY	Common Stock, par value $0.001	Sale	$2,139,429	-13,074	-0.11%	$163.64	11,477,575	16 May 2022	Direct	F1, F5
transaction	PCTY	Common Stock, par value $0.001	Sale	$1,337,950	-8,128	-0.07%	$164.61	11,469,447	16 May 2022	Direct	F1, F6
transaction	PCTY	Common Stock, par value $0.001	Sale	$195,419	-1,179	-0.01%	$165.75	11,468,268	16 May 2022	Direct	F1, F7
transaction	PCTY	Common Stock, par value $0.001	Sale	$169,874	-1,021	-0.01%	$166.38	11,467,247	16 May 2022	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 September 17, 2021.
F2	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $160.06 to $160.94, 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 $161.11 to $162.11, inclusive.
F4	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $162.12 to $163.12, inclusive.
F5	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $163.13 to $164.13, inclusive.
F6	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $164.14 to $165.01, inclusive.
F7	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $165.23 to $166.20, inclusive.
F8	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $166.28 to $166.48, inclusive.