Steven R. Beauchamp - Feb 14, 2025 Form 4 Insider Report for Paylocity Holding Corp (PCTY)

Signature
/s/ Kris Kang, attorney-in-fact to Steven R. Beauchamp
Stock symbol
PCTY
Transactions as of
Feb 14, 2025
Transactions value $
-$11,763,195
Form type
4
Date filed
2/19/2025, 04:11 PM
Previous filing
Nov 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PCTY Common Stock, par value $0.001 Sale -$215K -1K -0.06% $215.02 1.6M Feb 14, 2025 Direct F1, F2
transaction PCTY Common Stock, par value $0.001 Sale -$402K -1.86K -0.12% $216.03 1.6M Feb 14, 2025 Direct F1, F3
transaction PCTY Common Stock, par value $0.001 Sale -$4.34M -20K -1.25% $217.14 1.58M Feb 14, 2025 Direct F1, F4
transaction PCTY Common Stock, par value $0.001 Sale -$1.47M -6.76K -0.43% $218.03 1.57M Feb 14, 2025 Direct F1, F5
transaction PCTY Common Stock, par value $0.001 Sale -$80.5K -368 -0.02% $218.68 1.57M Feb 14, 2025 Direct F1, F6
transaction PCTY Common Stock, par value $0.001 Tax liability -$361K -1.67K -0.11% $216.96 1.57M Feb 17, 2025 Direct
transaction PCTY Common Stock, par value $0.001 Gift $0 -15K -0.96% $0.00 1.55M Feb 18, 2025 Direct F7
transaction PCTY Common Stock, par value $0.001 Gift $0 +15K +6.82% $0.00 235K Feb 18, 2025 by IRIE Family Trust F7
transaction PCTY Common Stock, par value $0.001 Sale -$108K -500 -2.22% $215.02 22K Feb 14, 2025 by IRIE Foundation F1, F8
transaction PCTY Common Stock, par value $0.001 Sale -$780K -3.6K -16.35% $216.79 18.4K Feb 14, 2025 by IRIE Foundation F1, F9
transaction PCTY Common Stock, par value $0.001 Sale -$1.22M -5.62K -30.54% $217.39 12.8K Feb 14, 2025 by IRIE Foundation F1, F10
transaction PCTY Common Stock, par value $0.001 Sale -$334K -1.53K -11.99% $218.28 11.3K Feb 14, 2025 by IRIE Foundation F1, F11
transaction PCTY Common Stock, par value $0.001 Sale -$407K -1.89K -16.76% $216.01 9.36K Feb 18, 2025 by IRIE Foundation F1, F12
transaction PCTY Common Stock, par value $0.001 Sale -$1.29M -5.94K -63.45% $216.91 3.42K Feb 18, 2025 by IRIE Foundation F1, F13
transaction PCTY Common Stock, par value $0.001 Sale -$745K -3.42K -100% $217.77 0 Feb 18, 2025 by IRIE Foundation F1, F14
holding PCTY Common Stock, par value $0.001 100K Feb 14, 2025 by Steven Beauchamp 2025 GRAT F15
holding PCTY Common Stock, par value $0.001 69.1K Feb 14, 2025 by Gotham Triple Advantage Strategy LP F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction indicated was conducted under an approved 10b5-1 Plan adopted on November 15, 2024.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $214.38 to $215.30, 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, 4, 5, 6, 8, 9, 10, 11, 12, 13 and 14 of this Form 4.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $215.46 to $216.45, inclusive.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $216.55 to $217.54, inclusive.
F5 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $217.58 to $218.57, inclusive.
F6 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $218.65 to $218.79, inclusive.
F7 Shares transferred by the reporting person as a gift to the IRIE Family Trust for the benefit of the reporting person's children and for which the reporting person's spouse serves as trustee.
F8 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $214.41 to $215.41, inclusive.
F9 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $215.98 to $216.97, inclusive.
F10 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $217.01 to $217.98, inclusive.
F11 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $218.02 to $218.76, inclusive.
F12 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $215.32 to $216.28, inclusive.
F13 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $216.37 to $217.37, inclusive.
F14 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $217.40 to $218.03, inclusive.
F15 Shares held by the Steven Beauchamp 2025 Grantor Retained Annuity Trust ("GRAT"). The shares were previously directly owned by the reporting person.
F16 Shares held by Gotham Triple Advantage Strategy Limited Partnership (the "LP") in which the reporting person owns a 99% limited partner interest. The reporting person retains investment control over the Issuer shares held by the LP. The shares were previously directly owned by the reporting person.