SEC Form 4 · accession 0001562180-15-001019

Paylocity Holding Corp · PCTY

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Financial Officer

Period of report

Nov 27, 2015

Accepted (ET)

Dec 1, 2015 · 6:43 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001591698

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock, par value $0.001^F1	Nov 27, 2015	M	41,164	$1.31	A	120,714	D
Common Stock, par value $0.001^F1	Nov 27, 2015	M	6,715	$1.31	A	127,429	D
Common Stock, par value $0.001^F1	Nov 27, 2015	F	22,695	$44.02	D	104,734	D
Common Stock, par value $0.001^F3	Nov 30, 2015	S	25,184	$43.87	D	79,550	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option (right to buy)^F1	$1.31	Nov 27, 2015	M	41,164	D	Jun 21, 2011	Jun 21, 2020	Common Stock, par value $0.001	41,164	506,715	D
Non-Qualified Stock Option (right to buy)^F1	$1.31	Nov 27, 2015	M	6,715	D	Jun 21, 2012	Jun 21, 2020	Common Stock, par value $0.001	6,715	500,000	D

F1The exercise occurred after the close of trading on November 27, 2015.
F2After the close of trading on November 27, 2015, Mr. McGrail exercised 47,879 Employee Stock Options and, under the net settlement provisions of the stock options, 22,695 shares of common stock were withheld in payment of the exercise price and related taxes.
F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $43.61 to $44.17 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 3.