Joshua Scutt - 08 Sep 2025 Form 4 Insider Report for Paylocity Holding Corp (PCTY)

Role
Senior Vice President Sales
Signature
/s/ Kris Kang, attorney-in-fact to Joshua Scutt
Issuer symbol
PCTY
Transactions as of
08 Sep 2025
Net transactions value
-$128,533
Form type
4
Filing time
10 Sep 2025, 16:02:07 UTC
Previous filing
22 Aug 2025
Next filing
18 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Scutt Joshua Senior Vice President Sales C/O 1400 AMERICAN LANE, SCHAUMBURG /s/ Kris Kang, attorney-in-fact to Joshua Scutt 10 Sep 2025 0001955160

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 $0 +1,655 +3.2% $0.000000 53,561 08 Sep 2025 Direct F1
transaction PCTY Common Stock, par value $0.001 Tax liability $128,533 -737 -1.4% $174.40 52,824 08 Sep 2025 Direct
holding PCTY Common Stock, par value $0.001 118 08 Sep 2025 Owned by father-in-law

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 Market Stock Units Options Exercise $0 -4,728 -100% $0.000000 0 08 Sep 2025 Common Stock, par value $0.001 4,728 $0.000000 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Issuer Common Stock issued upon the settlement of Market Stock Units granted on August 15, 2022, based on the achievement by the Issuer of certain total shareholder return objectives over the three-year performance period ending August 31, 2025.
F2 Each Market Stock Unit entitles the Reporting Person to a payout of shares of Issuer Common Stock equal to between 0% and 200% of such Market Stock Unit depending on the relative performance of the total shareholder return of Issuer Common Stock compared with that of a peer group over a three-year performance period ending August 31, 2025.
F3 The Market Stock Units vested upon determination by the Compensation Committee of the level of achievement of the performance criteria.
F4 Market Stock Units do not expire; they either vest or are canceled prior to or upon the vesting date.