Steven I. Sarowitz - Mar 7, 2023 Form 4 Insider Report for Paylocity Holding Corp (PCTY)

Role: Director, 10%+ Owner
Signature: /s/ Kris Kang, attorney-in-fact to Steven I. Sarowitz
Stock symbol: PCTY
Transactions as of: Mar 7, 2023
Transactions value $: -$6,132,506
Form type: 4
Date filed: 3/9/2023, 03:02 PM
Previous filing: Mar 8, 2023
Next filing: Jun 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PCTY	Common Stock, par value $0.001	Sale	-$1.72M	-9.26K	-0.09%	$185.86	10.3M	Mar 7, 2023	Direct	F1, F2
transaction	PCTY	Common Stock, par value $0.001	Sale	-$1.73M	-9.25K	-0.09%	$186.89	10.3M	Mar 7, 2023	Direct	F1, F3
transaction	PCTY	Common Stock, par value $0.001	Sale	-$749K	-3.99K	-0.04%	$187.80	10.3M	Mar 7, 2023	Direct	F1, F4
transaction	PCTY	Common Stock, par value $0.001	Sale	-$769K	-4.07K	-0.04%	$188.72	10.3M	Mar 7, 2023	Direct	F1, F5
transaction	PCTY	Common Stock, par value $0.001	Sale	-$742K	-3.9K	-0.04%	$190.00	10.3M	Mar 7, 2023	Direct	F1, F6
transaction	PCTY	Common Stock, par value $0.001	Sale	-$324K	-1.7K	-0.02%	$191.03	10.3M	Mar 7, 2023	Direct	F1, F7
transaction	PCTY	Common Stock, par value $0.001	Sale	-$99.4K	-518	-0.01%	$191.80	10.3M	Mar 7, 2023	Direct	F1, F8
holding	PCTY	Common Stock, par value $0.001						13K	Mar 7, 2023	By Jessica P. Sarowitz Declaration of Trust

* 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 13, 2022.
F2	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $185.31 to $186.31, 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 $186.35 to $187.35, inclusive.
F4	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $187.38 to $188.37, inclusive.
F5	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $188.39 to $189.29, inclusive.
F6	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $189.46 to $190.45, inclusive.
F7	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $190.58 to $191.57, inclusive.
F8	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $191.63 to $192.06, inclusive.