X0306 4 2020-08-14 false 0001591698 Paylocity Holding Corp PCTY 0001716436 Williams Toby J. C/O 1400 AMERICAN LANE SCHAUMBURG IL 60173 false true false false Chief Financial Officer Common Stock, par value $0.001 2020-08-14 4 A false 16874.00 0.00 A 128424.00 D Common Stock, par value $0.001 2020-08-17 4 F false 10203.00 131.64 D 118221.00 D Market Stock Units 0.00 2020-08-14 4 A false 7232.00 0.00 A 2023-09-01 Common Stock, par value $0.001 7232.00 7232.00 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 annually in four equal installments beginning on August 14, 2021. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan. Amount of securities beneficially owned reflects the forfeiture of certain performance-based restricted stock units previously reported in Table I. Reflects the grant of a target number of market stock units (MSUs) subject to the award as presented in the table which will entitle Reporting Person to receive one (1) share of Common Stock per MSU. The number of MSUs that vest may be 0%-200% of this number ("awarded units"), depending upon performance. Following the achievement by the Issuer of certain total shareholder return objectives, the awarded units will vest on 9/1/2023. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan. Represents the vesting and release date for these awards. Restricted stock units do not expire; they either vest or are canceled prior to or upon the vesting date. /s/ Kris Kang, attorney-in-fact to Toby J. Williams 2020-08-18