SEC Form 4 · accession 0001562180-18-004520

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

Nov 8, 2018

Accepted (ET)

Nov 13, 2018 · 4:17 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	Nature of ownership
Common Stock, par value $0.001^F1,F2	Nov 8, 2018	S	31,822	$62.59	D	185,678	I	by the Julian Grace Foundation
Common Stock, par value $0.001^F1,F3	Nov 8, 2018	S	8,900	$63.66	D	176,778	I	by the Julian Grace Foundation
Common Stock, par value $0.001^F1,F4	Nov 8, 2018	S	7,778	$64.48	D	169,000	I	by the Julian Grace Foundation
Common Stock, par value $0.001^F1,F5	Nov 9, 2018	S	15,100	$61.79	D	153,900	I	by the Julian Grace Foundation
Common Stock, par value $0.001^F1,F6	Nov 9, 2018	S	7,916	$62.72	D	145,984	I	by the Julian Grace Foundation
Common Stock, par value $0.001^F1,F7	Nov 9, 2018	S	984	$63.50	D	145,000	I	by the Julian Grace Foundation
Common Stock, par value $0.001	holding	—	—		—	14,735,730	D

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 Julian Grace Foundation on May 14, 2018.
F2The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $62.05 to $63.05, 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 footnotes 2, 3 and 4 of this Form 4.
F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $63.06 to $64.06, inclusive.
F4The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $64.07 to $64.97, inclusive.
F5The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $61.31 to $62.31, 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 footnotes 5, 6 and 7 of this Form 4.
F6The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $62.33 to $63.27, inclusive.
F7The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $63.34 to $63.66, inclusive.