Steven R. Beauchamp - May 15, 2025 Form 4 Insider Report for Paylocity Holding Corp (PCTY)

Role
Executive Chairman, Director
Signature
/s/ Kris Kang, attorney-in-fact to Steven R. Beauchamp
Stock symbol
PCTY
Transactions as of
May 15, 2025
Transactions value $
-$6,300,552
Form type
4
Date filed
5/19/2025, 04:13 PM
Previous filing
Feb 19, 2025
Next filing
Aug 19, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Beauchamp Steven R Executive Chairman, Director C/O 1400 AMERICAN LANE, SCHAUMBURG /s/ Kris Kang, attorney-in-fact to Steven R. Beauchamp 2025-05-19 0001314830

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCTY Common Stock, par value $0.001 Sale -$5.64M -28.3K -1.82% $199.16 1.53M May 15, 2025 Direct F1, F2
transaction PCTY Common Stock, par value $0.001 Tax liability -$326K -1.63K -0.11% $199.47 1.52M May 15, 2025 Direct
transaction PCTY Common Stock, par value $0.001 Sale -$333K -1.67K -0.11% $199.29 1.52M May 16, 2025 Direct F1, F3
holding PCTY Common Stock, par value $0.001 235K May 15, 2025 by IRIE Family Trust F4
holding PCTY Common Stock, par value $0.001 100K May 15, 2025 by Steven Beauchamp 2025 GRAT F5
holding PCTY Common Stock, par value $0.001 69.1K May 15, 2025 by Gotham Triple Advantage Strategy LP F6
* 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 on November 15, 2024.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $199.00 to $199.51, 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.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $199.00 to $199.50, 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.
F4 Shares transferred by the reporting person as a gift to the IRIE Family Trust for the benefit of the reporting person's children and for which the reporting person's spouse serves as trustee.
F5 Shares held by the Steven Beauchamp 2025 Grantor Retained Annuity Trust ("GRAT"). The shares were previously directly owned by the reporting person.
F6 Shares held by Gotham Triple Advantage Strategy Limited Partnership (the "LP") in which the reporting person owns a 99% limited partner interest. The reporting person retains investment control over the Issuer shares held by the LP. The shares were previously directly owned by the reporting person.