Steven R. Beauchamp - Feb 12, 2024 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
Feb 12, 2024
Transactions value $
-$5,250,000
Form type
4
Date filed
2/14/2024, 04:02 PM
Previous filing
Nov 17, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCTY Common Stock, par value $0.001 Sale -$5.25M -30K -1.69% $175.00 1.75M Feb 12, 2024 Direct F1
holding PCTY Common Stock, par value $0.001 220K Feb 12, 2024 By IRIE Family Trust
holding PCTY Common Stock, par value $0.001 22.5K Feb 12, 2024 by IRIE Foundation
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on August 7, 2023.