X0306 4 2019-08-15 false 0001591698 Paylocity Holding Corp PCTY 0001597870 Sarowitz Steven I C/O 1400 AMERICAN LANE SCHAUMBURG IL 60173 true false true false Common Stock, par value $0.001 2019-08-15 4 A false 1602.00 0.00 A 14297246.00 D Common Stock, par value $0.001 2019-08-15 4 S false 1200.00 96.70 D 14296046.00 D Common Stock, par value $0.001 2019-08-15 4 S false 1210.00 97.73 D 14294836.00 D Common Stock, par value $0.001 2019-08-15 4 S false 7080.00 98.79 D 14287756.00 D Common Stock, par value $0.001 2019-08-15 4 S false 424.00 99.39 D 14287332.00 D 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 25% quarterly, such that the RSUs will vest completely on the first anniversary of the date of grant. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan. The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 14, 2018. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $96.23 to $97.23, 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 3, 4, 5, and 6 of this Form 4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $97.24 to $98.20, inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $98.27 to $99.27, inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $99.36 to $99.45, inclusive. /s/ Kris Kang, attorney-in-fact to Steven I. Sarowitz 2019-08-19