Andrew Cappotelli - 15 Aug 2025 Form 4 Insider Report for Paylocity Holding Corp (PCTY)

Reporting relationship: Sr Vice President Operations
Issuer ticker: PCTY
Reported as of: 15 Aug 2025
Net transaction value: -$209,124
SEC form: 4
Accepted by SEC: 19 Aug 2025, 16:03:10 UTC
Prior SEC filing: 25 Jun 2025
Next SEC filing: 22 Aug 2025
Source filing: View source filing
Reporting owner signature: /s/ Kris Kang, attorney-in-fact to Andrew Cappotelli

Key filing fact

Andrew Cappotelli filed Form 4 for Paylocity Holding Corp (PCTY) on 19 Aug 2025.

Key facts

This page summarizes Andrew Cappotelli's Form 4 filing for Paylocity Holding Corp (PCTY).
5 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 19 Aug 2025, 16:03.

Change

Previous filing in this sequence was filed on 25 Jun 2025.
Current net transaction value: -$209,124.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001742758 Primary reporting owner

Cappotelli Andrew

Relationship: Sr Vice President Operations
Address: C/O 1400 AMERICAN LANE, SCHAUMBURG
Signature: /s/ Kris Kang, attorney-in-fact to Andrew Cappotelli
Signature date: 19 Aug 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PCTY transaction

Common Stock, par value $0.001

Award

Transaction value: $0
Shares: +10,874
Change %: +91%
Price: $0.000000
Shares after: 22,827
Date: 15 Aug 2025
Ownership: Direct
Footnotes: F1

PCTY transaction

Common Stock, par value $0.001

Award

Transaction value: $0
Shares: +3,219
Change %: +14%
Price: $0.000000
Shares after: 26,046
Date: 15 Aug 2025
Ownership: Direct
Footnotes: F2

PCTY transaction

Common Stock, par value $0.001

Tax liability

Transaction value: $173,356
Shares: -1,010
Change %: -3.9%
Price: $171.64
Shares after: 25,036
Date: 15 Aug 2025
Ownership: Direct

PCTY transaction

Common Stock, par value $0.001

Tax liability

Transaction value: $35,768
Shares: -208
Change %: -0.83%
Price: $171.96
Shares after: 24,828
Date: 18 Aug 2025
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PCTY transaction Derivative

Market Stock Units

Award

Transaction value: $0
Shares: +1,554
Change %
Price: $0.000000
Shares after: 1,554
Date: 15 Aug 2025
Ownership: Direct
Underlying class: Common Stock, par value $0.001
Underlying amount: 1,554
Exercise price: $0.000000
Footnotes: F3, F4, F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Reflects the grant of restricted stock units (RSUs) that will entitle Reporting Person to receive one (1) share of Common Stock per RSU. The RSUs will vest over four years beginning on the date of grant at a rate of 6.25% vesting every three months. The grant will be settled pursuant to the terms of the Issuer's 2023 Equity Incentive Plan.

Footnote F2

Represents performance stock units (PSUs) awarded pursuant to the Issuer's 2023 Equity Incentive Plan for which performance criteria have been satisfied that will entitle the Reporting Person to receive one share of the Issuer's common stock per PSU upon vesting. 50% of the PSUs vest on August 15, 2025. The remaining PSUs will vest in two equal installments on August 15, 2026 and August 15, 2027, subject to continued service through each of the respective vesting dates. The grant will be settled pursuant to the terms of the Issuer's 2023 Equity Incentive Plan

Footnote F3

Each market stock unit (MSU) represents the contingent right to receive one (1) share of Issuer common stock.

Footnote F4

Reflects the grant of a target number MSUs subject to the award as presented in the table. The number of MSUs that ultimately vest may be 0%-200% of this number, depending upon the achievement by the Issuer of certain total shareholder return objectives.

Footnote F5

The MSUs have four separate performance periods, which begin August 31, 2025 and end November 30, 2027, February 29, 2028, May 31, 2028 and August 31, 2028, respectively. Twenty five percent (25%) of the total award may be earned after the end of each performance period and, to the extent earned, will vest quarterly.

Footnote F6

Market stock units do not expire; they either vest or are canceled prior to or upon the vesting date.