Steven Ira Sarowitz - 09 Nov 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: 09 Nov 2022
Net transactions value: -$27,687,834
Form type: 4
Filing time: 14 Nov 2022, 15:17:28 UTC
Previous filing: 10 Nov 2022
Next filing: 16 Feb 2023
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	$1,048,464	-5,330	-0.05%	$196.71	11,102,412	09 Nov 2022	Direct	F1, F2
transaction	PCTY	Common Stock, par value $0.001	Sale	$3,110,652	-15,735	-0.14%	$197.69	11,086,677	09 Nov 2022	Direct	F1, F3
transaction	PCTY	Common Stock, par value $0.001	Sale	$5,744,441	-28,948	-0.26%	$198.44	11,057,729	09 Nov 2022	Direct	F1, F4
transaction	PCTY	Common Stock, par value $0.001	Sale	$2,512,377	-12,594	-0.11%	$199.49	11,045,135	09 Nov 2022	Direct	F1, F5
transaction	PCTY	Common Stock, par value $0.001	Sale	$1,188,513	-5,931	-0.05%	$200.39	11,039,204	09 Nov 2022	Direct	F1, F6
transaction	PCTY	Common Stock, par value $0.001	Sale	$271,958	-1,350	-0.01%	$201.45	11,037,854	09 Nov 2022	Direct	F1, F7
transaction	PCTY	Common Stock, par value $0.001	Sale	$1,419,880	-6,782	-0.06%	$209.36	11,031,072	10 Nov 2022	Direct	F1, F8
transaction	PCTY	Common Stock, par value $0.001	Sale	$4,516,348	-21,488	-0.19%	$210.18	11,009,584	10 Nov 2022	Direct	F1, F9
transaction	PCTY	Common Stock, par value $0.001	Sale	$3,706,880	-17,559	-0.16%	$211.11	10,992,025	10 Nov 2022	Direct	F1, F10
transaction	PCTY	Common Stock, par value $0.001	Sale	$2,540,725	-11,971	-0.11%	$212.24	10,980,054	10 Nov 2022	Direct	F1, F11
transaction	PCTY	Common Stock, par value $0.001	Sale	$1,408,936	-6,611	-0.06%	$213.12	10,973,443	10 Nov 2022	Direct	F1, F12
transaction	PCTY	Common Stock, par value $0.001	Sale	$154,145	-720	-0.01%	$214.09	10,972,723	10 Nov 2022	Direct	F1, F13
transaction	PCTY	Common Stock, par value $0.001	Sale	$64,515	-300	-0%	$215.05	10,972,423	10 Nov 2022	Direct	F1

* 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 $196.06 to $197.05, 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 and 7 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 $197.08 to $198.08, inclusive.
F4	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $198.09 to $199.08, inclusive.
F5	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $199.10 to $200.10, inclusive.
F6	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $200.13 to $201.11, inclusive.
F7	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $201.15 to $201.79, inclusive.
F8	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $208.65 to $209.65, 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 8, 9, 10, 11, 12 and 13 of this Form 4.
F9	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $209.67 to $210.67, inclusive.
F10	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $210.69 to $211.69, inclusive.
F11	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $211.73 to $212.70, inclusive.
F12	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $212.74 to $213.74, inclusive.
F13	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $213.76 to $214.58, inclusive.