0001591698-24-000082.txt : 20240315 0001591698-24-000082.hdr.sgml : 20240315 20240315161323 ACCESSION NUMBER: 0001591698-24-000082 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240313 FILED AS OF DATE: 20240315 DATE AS OF CHANGE: 20240315 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Diehl Jeffrey T CENTRAL INDEX KEY: 0001597881 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36348 FILM NUMBER: 24754892 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] ORGANIZATION NAME: 06 Technology 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 wk-form4_1710533589.xml FORM 4 X0508 4 2024-03-13 0 0001591698 Paylocity Holding Corp PCTY 0001597881 Diehl Jeffrey T ONE NORTH WACKER, SUITE 2700 CHICAGO IL 60606 1 0 0 0 0 Common Stock, par value $0.001 2024-03-13 4 S 0 2160 168.55 D 99256 I by Adams Street 2006 Direct Fund L.P. Common Stock, par value $0.001 2024-03-13 4 S 0 540 170.05 D 98716 I by Adams Street 2006 Direct Fund L.P. Common Stock, par value $0.001 2024-03-13 4 S 0 2132 171.02 D 96584 I by Adams Street 2006 Direct Fund L.P. Common Stock, par value $0.001 2024-03-13 4 S 0 2405 168.55 D 110463 I by Adams Street 2007 Direct Fund L.P. Common Stock, par value $0.001 2024-03-13 4 S 0 601 170.05 D 109862 I by Adams Street 2007 Direct Fund L.P. Common Stock, par value $0.001 2024-03-13 4 S 0 2372 171.02 D 107490 I by Adams Street 2007 Direct Fund L.P. Common Stock, par value $0.001 2024-03-13 4 S 0 3449 168.55 D 158466 I by Adams Street 2008 Direct Fund L.P. Common Stock, par value $0.001 2024-03-13 4 S 0 862 170.05 D 157604 I by Adams Street 2008 Direct Fund L.P. Common Stock, par value $0.001 2024-03-13 4 S 0 3403 171.02 D 154201 I by Adams Street 2008 Direct Fund L.P. Common Stock, par value $0.001 2024-03-13 4 S 0 680 168.55 D 31226 I by Adams Street 2009 Direct Fund L.P. Common Stock, par value $0.001 2024-03-13 4 S 0 170 170.05 D 31056 I by Adams Street 2009 Direct Fund L.P. Common Stock, par value $0.001 2024-03-13 4 S 0 671 171.02 D 30385 I by Adams Street 2009 Direct Fund L.P. Common Stock, par value $0.001 2024-03-13 4 S 0 411 168.55 D 18872 I by Adams Street 2010 Direct Fund L.P. Common Stock, par value $0.001 2024-03-13 4 S 0 103 170.05 D 18769 I by Adams Street 2010 Direct Fund L.P. Common Stock, par value $0.001 2024-03-13 4 S 0 405 171.02 D 18364 I by Adams Street 2010 Direct Fund L.P. Common Stock, par value $0.001 2024-03-13 4 S 0 330 168.55 D 15165 I by Adams Street 2011 Direct Fund LP Common Stock, par value $0.001 2024-03-13 4 S 0 83 170.05 D 15082 I by Adams Street 2011 Direct Fund LP Common Stock, par value $0.001 2024-03-13 4 S 0 326 171.02 D 14756 I by Adams Street 2011 Direct Fund LP Common Stock, par value $0.001 2024-03-13 4 S 0 331 168.55 D 15216 I by Adams Street 2012 Direct Fund LP Common Stock, par value $0.001 2024-03-13 4 S 0 83 170.05 D 15133 I by Adams Street 2012 Direct Fund LP Common Stock, par value $0.001 2024-03-13 4 S 0 327 171.02 D 14806 I by Adams Street 2012 Direct Fund LP Common Stock, par value $0.001 2024-03-13 4 S 0 1278 168.55 D 58704 I by Adams Street Co-Investment Fund II, L.P. Common Stock, par value $0.001 2024-03-13 4 S 0 319 170.05 D 58385 I by Adams Street Co-Investment Fund II, L.P. Common Stock, par value $0.001 2024-03-13 4 S 0 1261 171.02 D 57124 I by Adams Street Co-Investment Fund II, L.P. Common Stock, par value $0.001 25822 D The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $168.18 to $169.17, 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 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, Brian Dudley, 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 $169.47 to $170.44, inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $170.48 to $171.48, 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, Brian Dudley, 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, Brian Dudley, 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, Brian Dudley, 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, Brian Dudley, 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, Brian Dudley, 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. 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, Brian Dudley, 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, Brian Dudley, 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. The reported RSUs are owned directly by Reporting Person, Jeffrey T. Diehl, who is a partner of Adams Street Partners, LLC. Adams Street Partners, LLC is the managing member of the general partner of 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. and Adams Street Co-Investment Fund II, L.P. and the managing member of the general partner of the general partner of Adams Street 2011 Direct Fund LP and Adams Street 2012 Direct Fund LP (such funds collectively, the "Funds"). By agreement with the Funds, Mr. Diehl is deemed to hold the RSUs for the benefit of the Funds. Mr. Diehl disclaims beneficial ownership of the RSUs except to the extent of his pecuniary interest therein. /s/ Kris Kang, attorney-in-fact to Jeffrey T. Diehl 2024-03-15