SEC Form 4 · accession 0001562180-17-001960
Paylocity Holding Corp · PCTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven I Sarowitz
Director · 10% Owner
Period of report
May 15, 2017
Accepted (ET)
May 16, 2017 · 4:12 pm EDT
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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001F1,F2 | May 15, 2017 | S | 2,934 | $45.01 | D | 16,250,729 | D | |
| Common Stock, par value $0.001F1,F3 | May 16, 2017 | S | 24,367 | $45.06 | D | 16,226,362 | D | |
| Common Stock, par value $0.001 | holding | — | — | — | 609,297 | I | by the Julian Grace Foundation |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on August 12, 2016.
- F2The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $45.00 to $45.02, 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 2.
- F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $45.00 to $45.21, 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.