Steven R. Beauchamp - Jul 8, 2022 Form 4 Insider Report for Paylocity Holding Corp (PCTY)

Role: Co-Chief Executive Officer, Director
Signature: /s/ Kris Kang, attorney-in-fact to Steven R. Beauchamp
Stock symbol: PCTY
Transactions as of: Jul 8, 2022
Transactions value $: -$17,560,800
Form type: 4
Date filed: 7/12/2022, 04:15 PM
Previous filing: Sep 16, 2021
Next filing: Aug 17, 2022

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	$439K	+90K	+5.06%	$4.88	1.87M	Jul 8, 2022	Direct	F1
transaction	PCTY	Common Stock, par value $0.001	Tax liability	-$8.07M	-40.3K	-2.16%	$200.00	1.83M	Jul 8, 2022	Direct
transaction	PCTY	Common Stock, par value $0.001	Sale	-$9.93M	-49.7K	-2.71%	$200.00	1.78M	Jul 8, 2022	Direct	F1, F2
holding	PCTY	Common Stock, par value $0.001						220K	Jul 8, 2022	by IRE Family Trust
holding	PCTY	Common Stock, par value $0.001						10K	Jul 8, 2022	by IRIE Foundation

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	-90K	-100%	$0.00^*	0	Jul 8, 2022	Common Stock, par value $0.001	90K	$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 6, 2021.
F2	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $200.00 to $200.11, 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 this footnote.

Content

The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 6, 2021.

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $200.00 to $200.11, 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 this footnote.