0001562180-20-004353.txt : 20200609 0001562180-20-004353.hdr.sgml : 20200609 20200609160811 ACCESSION NUMBER: 0001562180-20-004353 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200605 FILED AS OF DATE: 20200609 DATE AS OF CHANGE: 20200609 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Diehl Jeffrey T CENTRAL INDEX KEY: 0001597881 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36348 FILM NUMBER: 20951915 MAIL ADDRESS: STREET 1: ONE NORTH WACKER DRIVE STREET 2: SUITE 2200 CITY: CHICAGO STATE: IL ZIP: 60606-2823 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Paylocity Holding Corp CENTRAL INDEX KEY: 0001591698 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 464066644 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 1400 AMERICAN LANE CITY: SCHAUMBURG STATE: IL ZIP: 60173 BUSINESS PHONE: 800-520-2687 MAIL ADDRESS: STREET 1: 1400 AMERICAN LANE CITY: SCHAUMBURG STATE: IL ZIP: 60173 4 1 primarydocument.xml PRIMARY DOCUMENT X0306 4 2020-06-05 false 0001591698 Paylocity Holding Corp PCTY 0001597881 Diehl Jeffrey T ONE NORTH WACKER, SUITE 2700 CHICAGO IL 60606 true false false false Common Stock, par value $0.001 2020-06-05 4 S false 5035.00 138.29 D 234659.00 I by Adams Street 2006 Direct Fund L.P. Common Stock, par value $0.001 2020-06-05 4 S false 3531.00 139.47 D 231128.00 I by Adams Street 2006 Direct Fund L.P. Common Stock, par value $0.001 2020-06-05 4 S false 2771.00 140.33 D 228357.00 I by Adams Street 2006 Direct Fund L.P. Common Stock, par value $0.001 2020-06-05 4 S false 5686.00 138.29 D 264994.00 I by Adams Street 2007 Direct Fund L.P. Common Stock, par value $0.001 2020-06-05 4 S false 3987.00 139.47 D 261007.00 I by Adams Street 2007 Direct Fund L.P. Common Stock, par value $0.001 2020-06-05 4 S false 3130.00 140.33 D 257877.00 I by Adams Street 2007 Direct Fund L.P. Common Stock, par value $0.001 2020-06-05 4 S false 8132.00 138.29 D 378964.00 I by Adams Street 2008 Direct Fund L.P. Common Stock, par value $0.001 2020-06-05 4 S false 5702.00 139.47 D 373262.00 I by Adams Street 2008 Direct Fund L.P. Common Stock, par value $0.001 2020-06-05 4 S false 4475.00 140.33 D 368787.00 I by Adams Street 2008 Direct Fund L.P. Common Stock, par value $0.001 2020-06-05 4 S false 1685.00 138.29 D 78555.00 I by Adams Street 2009 Direct Fund L.P. Common Stock, par value $0.001 2020-06-05 4 S false 1182.00 139.47 D 77373.00 I by Adams Street 2009 Direct Fund L.P. Common Stock, par value $0.001 2020-06-05 4 S false 928.00 140.33 D 76445.00 I by Adams Street 2009 Direct Fund L.P. Common Stock, par value $0.001 2020-06-05 4 S false 958.00 138.29 D 44622.00 I by Adams Street 2010 Direct Fund L.P. Common Stock, par value $0.001 2020-06-05 4 S false 671.00 139.47 D 43951.00 I by Adams Street 2010 Direct Fund L.P. Common Stock, par value $0.001 2020-06-05 4 S false 527.00 140.33 D 43424.00 I by Adams Street 2010 Direct Fund L.P. Common Stock, par value $0.001 2020-06-05 4 S false 769.00 138.29 D 35851.00 I by Adams Street 2011 Direct Fund LP Common Stock, par value $0.001 2020-06-05 4 S false 540.00 139.47 D 35311.00 I by Adams Street 2011 Direct Fund LP Common Stock, par value $0.001 2020-06-05 4 S false 423.00 140.33 D 34888.00 I by Adams Street 2011 Direct Fund LP Common Stock, par value $0.001 2020-06-05 4 S false 772.00 138.29 D 35976.00 I by Adams Street 2012 Direct Fund LP Common Stock, par value $0.001 2020-06-05 4 S false 541.00 139.47 D 35435.00 I by Adams Street 2012 Direct Fund LP Common Stock, par value $0.001 2020-06-05 4 S false 425.00 140.33 D 35010.00 I by Adams Street 2012 Direct Fund LP Common Stock, par value $0.001 2020-06-05 4 S false 2978.00 138.29 D 138792.00 I by Adams Street Co-Investment Fund II, L.P. Common Stock, par value $0.001 2020-06-05 4 S false 2088.00 139.47 D 136704.00 I by Adams Street Co-Investment Fund II, L.P. Common Stock, par value $0.001 2020-06-05 4 S false 1639.00 140.33 D 135065.00 I by Adams Street Co-Investment Fund II, L.P. Common Stock, par value $0.001 21804.00 D The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $137.78 to $138.78, 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 1, 3 and 4 of this Form 4. Shares held directly by Adams Street 2012 Direct Fund LP ("AS 2012") and indirectly by Adams Street Partners, LLC, as the managing member of the general partner of AS 2012's general partner. The securities owned by AS 2012 may be deemed to be beneficially owned by Adams Street Partners, LLC. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Fred Wang are partners of Adams Street Partners, LLC (or a subsidiary thereof) and may be deemed to share voting and investment power over the shares held by AS 2012. Such persons and entities disclaim beneficial ownership of shares held by AS 2012, except to the extent of any pecuniary interest therein. Shares held directly by Adams Street Co-Investment Fund II, L.P. ("AS CIF") and indirectly by Adams Street Partners, LLC, as the managing member of the general partner of AS CIF. The securities owned by AS CIF may be deemed to be beneficially owned by Adams Street Partners, LLC. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Fred Wang are partners of Adams Street Partners, LLC (or a subsidiary thereof) and may be deemed to share voting and investment power over the shares held by AS CIF. Such persons and entities disclaim beneficial ownership of shares held by AS CIF, except to the extent of any pecuniary interest therein. By agreement with Adams Street 2006 Direct Fund, L.P., Adams Street 2007 Direct Fund, L.P., Adams Street 2008 Direct Fund, L.P., Adams Street 2009 Direct Fund, L.P., Adams Street 2010 Direct Fund, L.P., Adams Street Co-Investment Fund II, L.P., Adams Street 2011 Direct Fund LP and Adams Street 2012 Direct Fund LP (collectively, the "Funds"), Mr. Diehl is deemed to hold these shares for the benefit of the Funds. Mr. Diehl disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein. Shares held directly by Adams Street 2006 Direct Fund, L.P. ("AS 2006") and indirectly by Adams Street Partners, LLC as the managing member of the general partner of AS 2006. The securities owned by AS 2006 may be deemed to be beneficially owned by Adams Street Partners, LLC. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Fred Wang are partners of Adams Street Partners, LLC (or a subsidiary thereof) and may be deemed to share voting and investment power over the shares held by AS 2006. Such persons and entities disclaim beneficial ownership of shares held by AS 2006, except to the extent of any pecuniary interest therein. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $138.79 to $139.79, inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $139.80 to $140.69, inclusive. Shares held directly by Adams Street 2007 Direct Fund, L.P. ("AS 2007") and indirectly by Adams Street Partners, LLC, as the managing member of the general partner of AS 2007. The securities owned by AS 2007 may be deemed to be beneficially owned by Adams Street Partners, LLC. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Fred Wang are partners of Adams Street Partners, LLC (or a subsidiary thereof) and may be deemed to share voting and investment power over the shares held by AS 2007. Such persons and entities disclaim beneficial ownership of shares held by AS 2007, except to the extent of any pecuniary interest therein. Shares held directly by Adams Street 2008 Direct Fund, L.P. ("AS 2008") and indirectly by Adams Street Partners, LLC, as the managing member of the general partner of AS 2008. The securities owned by AS 2008 may be deemed to be beneficially owned by Adams Street Partners, LLC. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Fred Wang are partners of Adams Street Partners, LLC (or a subsidiary thereof) and may be deemed to share voting and investment power over the shares held by AS 2008. Such persons and entities disclaim beneficial ownership of shares held by AS 2008, except to the extent of any pecuniary interest therein. Shares held directly by Adams Street 2009 Direct Fund, L.P. ("AS 2009") and indirectly by Adams Street Partners, LLC, as the managing member of the general partner of AS 2009. The securities owned by AS 2009 may be deemed to be beneficially owned by Adams Street Partners, LLC. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Fred Wang are partners of Adams Street Partners, LLC (or a subsidiary thereof) and may be deemed to share voting and investment power over the shares held by AS 2009. Such persons and entities disclaim beneficial ownership of shares held by AS 2009, except to the extent of any pecuniary interest therein. Shares held directly by Adams Street 2010 Direct Fund, L.P. ("AS 2010") and indirectly by Adams Street Partners, LLC, as the managing member of the general partner of AS 2010. The securities owned by AS 2010 may be deemed to be beneficially owned by Adams Street Partners, LLC. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Fred Wang are partners of Adams Street Partners, LLC (or a subsidiary thereof) and may be deemed to share voting and investment power over the shares held by AS 2010. Such persons and entities disclaim beneficial ownership of shares held by AS 2010, except to the extent of any pecuniary interest therein. Shares held directly by Adams Street 2011 Direct Fund LP ("AS 2011") and indirectly by Adams Street Partners, LLC, as the managing member of the general partner of AS 2011's general partner. The securities owned by AS 2011 may be deemed to be beneficially owned by Adams Street Partners, LLC. Thomas S. Bremner, Jeffrey T. Diehl, Elisha P. Gould, Robin Murray and Fred Wang are partners of Adams Street Partners, LLC (or a subsidiary thereof) and may be deemed to share voting and investment power over the shares held by AS 2011. Such persons and entities disclaim beneficial ownership of shares held by AS 2011, except to the extent of any pecuniary interest therein. /s/ Kris Kang, attorney-in-fact to Jeffrey T. Diehl 2020-06-09