PCTY

SEC source: 0001562180-19-005608 · primarydocument.xml · nonDerivative · entry 17

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · by Adams Street 2011 Direct Fund LP

Disclosed balance after: 63,275

F3 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $114.01 to $115.00, inclusive.

F9 · ownership.nature: 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.

SEC source: 0001562180-19-005608 · primarydocument.xml · nonDerivative · entry 16

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · by Adams Street 2011 Direct Fund LP

Disclosed balance after: 63,688

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $113.00 to $114.00, 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.

F9 · ownership.nature: 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.

SEC source: 0001562180-19-005608 · primarydocument.xml · nonDerivative · entry 15

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · by Adams Street 2010 Direct Fund L.P.

Disclosed balance after: 78,731

F4 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $115.02 to $115.16, inclusive.

F8 · ownership.nature: 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.

SEC source: 0001562180-19-005608 · primarydocument.xml · nonDerivative · entry 14

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · by Adams Street 2010 Direct Fund L.P.

Disclosed balance after: 78,759

F3 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $114.01 to $115.00, inclusive.

F8 · ownership.nature: 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.

SEC source: 0001562180-19-005608 · primarydocument.xml · nonDerivative · entry 13

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · by Adams Street 2010 Direct Fund L.P.

Disclosed balance after: 79,273

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $113.00 to $114.00, 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.

F8 · ownership.nature: 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.

SEC source: 0001562180-19-005608 · primarydocument.xml · nonDerivative · entry 12

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · by Adams Street 2009 Direct Fund L.P.

Disclosed balance after: 138,598

F4 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $115.02 to $115.16, inclusive.

F7 · ownership.nature: 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.

SEC source: 0001562180-19-005608 · primarydocument.xml · nonDerivative · entry 11

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · by Adams Street 2009 Direct Fund L.P.

Disclosed balance after: 138,647

F3 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $114.01 to $115.00, inclusive.

F7 · ownership.nature: 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.

SEC source: 0001562180-19-005608 · primarydocument.xml · nonDerivative · entry 10

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · by Adams Street 2009 Direct Fund L.P.

Disclosed balance after: 139,552

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $113.00 to $114.00, 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.

F7 · ownership.nature: 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.

SEC source: 0001562180-19-005608 · primarydocument.xml · nonDerivative · entry 9

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · by Adams Street 2008 Direct Fund L.P.

Disclosed balance after: 668,636

F4 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $115.02 to $115.16, inclusive.

F6 · ownership.nature: 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.

SEC source: 0001562180-19-005608 · primarydocument.xml · nonDerivative · entry 8

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · by Adams Street 2008 Direct Fund L.P.

Disclosed balance after: 668,873

F3 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $114.01 to $115.00, inclusive.

F6 · ownership.nature: 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.

SEC source: 0001562180-19-005608 · primarydocument.xml · nonDerivative · entry 7

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · by Adams Street 2008 Direct Fund L.P.

Disclosed balance after: 673,237

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $113.00 to $114.00, 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.

F6 · ownership.nature: 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.

SEC source: 0001562180-19-005608 · primarydocument.xml · nonDerivative · entry 6

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · by Adams Street 2007 Direct Fund L.P.

Disclosed balance after: 467,546

F4 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $115.02 to $115.16, inclusive.

F5 · ownership.nature: 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.

SEC source: 0001562180-19-005608 · primarydocument.xml · nonDerivative · entry 5

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · by Adams Street 2007 Direct Fund L.P.

Disclosed balance after: 467,711

F3 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $114.01 to $115.00, inclusive.

F5 · ownership.nature: 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.

SEC source: 0001562180-19-005608 · primarydocument.xml · nonDerivative · entry 4

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · by Adams Street 2007 Direct Fund L.P.

Disclosed balance after: 470,763

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $113.00 to $114.00, 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.

F5 · ownership.nature: 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.

SEC source: 0001562180-19-005608 · primarydocument.xml · nonDerivative · entry 3

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · by Adams Street 2006 Direct Fund L.P.

Disclosed balance after: 414,025

F4 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $115.02 to $115.16, inclusive.

F2 · ownership.nature: 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.

SEC source: 0001562180-19-005608 · primarydocument.xml · nonDerivative · entry 2

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · by Adams Street 2006 Direct Fund L.P.

Disclosed balance after: 414,172

F3 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $114.01 to $115.00, inclusive.

F2 · ownership.nature: 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.

SEC source: 0001562180-19-005608 · primarydocument.xml · nonDerivative · entry 1

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · by Adams Street 2006 Direct Fund L.P.

Disclosed balance after: 416,874

F1 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $113.00 to $114.00, 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.

F2 · ownership.nature: 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.

SEC source: 0001562180-19-005555 · primarydocument.xml · nonDerivative · entry 6

Sarowitz Steven I · CIK 0001597870 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,137,332

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 14, 2018.

F7 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $111.70 to $111.86, inclusive.

SEC source: 0001562180-19-005555 · primarydocument.xml · nonDerivative · entry 5

Sarowitz Steven I · CIK 0001597870 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,137,766

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 14, 2018.

F6 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $110.67 to $111.59, inclusive.

SEC source: 0001562180-19-005555 · primarydocument.xml · nonDerivative · entry 4

Sarowitz Steven I · CIK 0001597870 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,138,766

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 14, 2018.

F5 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $109.26 to $110.17, 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 5, 6 and 7 of this Form 4.

SEC source: 0001562180-19-005555 · primarydocument.xml · nonDerivative · entry 3

Sarowitz Steven I · CIK 0001597870 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,148,095

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 14, 2018.

F4 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $109.75 to $109.91, inclusive.

SEC source: 0001562180-19-005555 · primarydocument.xml · nonDerivative · entry 2

Sarowitz Steven I · CIK 0001597870 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,148,920

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 14, 2018.

F3 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $108.74 to $109.70, inclusive.

SEC source: 0001562180-19-005555 · primarydocument.xml · nonDerivative · entry 1

Sarowitz Steven I · CIK 0001597870 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,176,208

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 14, 2018.

F2 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $107.73 to $108.73, 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 and 4 of this Form 4.

SEC source: 0001562180-19-005512 · primarydocument.xml · nonDerivative · entry 5

Sarowitz Steven I · CIK 0001597870 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,180,282

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 14, 2018.

F6 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $108.67 to $109.48, inclusive.

SEC source: 0001562180-19-005512 · primarydocument.xml · nonDerivative · entry 4

Sarowitz Steven I · CIK 0001597870 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,204,463

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 14, 2018.

F5 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $107.65 to $108.65, 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 5 and 6 of this Form 4.

SEC source: 0001562180-19-005486 · primarydocument.xml · nonDerivative · entry 1

Williams Toby J. · CIK 0001716436 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 114,580

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on May 7, 2019.

F2 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $106.60 to $107.13, 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 this footnote 1.

SEC source: 0001562180-19-005512 · primarydocument.xml · nonDerivative · entry 3

Sarowitz Steven I · CIK 0001597870 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,234,862

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 14, 2018.

F4 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $108.01 to $108.28, inclusive.

SEC source: 0001562180-19-005512 · primarydocument.xml · nonDerivative · entry 2

Sarowitz Steven I · CIK 0001597870 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,246,343

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 14, 2018.

F3 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $107.00 to $108.00, inclusive.

SEC source: 0001562180-19-005512 · primarydocument.xml · nonDerivative · entry 1

Sarowitz Steven I · CIK 0001597870 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,285,832

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 14, 2018.

F2 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $105.93 to $106.93, 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 and 4 of this Form 4.

SEC source: 0001562180-19-004882 · primarydocument.xml · nonDerivative · entry 1

Williams Toby J. · CIK 0001716436 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 118,330

SEC source: 0001562180-19-004617 · primarydocument.xml · nonDerivative · entry 5

Haske Michael R · CIK 0001597868 · President and COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 766,892

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on August 13, 2018.

F6 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $107.56 to $108.14, inclusive.

SEC source: 0001562180-19-004617 · primarydocument.xml · nonDerivative · entry 4

Haske Michael R · CIK 0001597868 · President and COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 775,396

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on August 13, 2018.

F5 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $106.54 to $107.51, inclusive.

SEC source: 0001562180-19-004617 · primarydocument.xml · nonDerivative · entry 3

Haske Michael R · CIK 0001597868 · President and COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 785,491

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on August 13, 2018.

F4 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $105.53 to $106.53, inclusive.

SEC source: 0001562180-19-004617 · primarydocument.xml · nonDerivative · entry 2

Haske Michael R · CIK 0001597868 · President and COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 793,753

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on August 13, 2018.

F3 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $104.51 to $105.51, inclusive.

SEC source: 0001562180-19-004617 · primarydocument.xml · nonDerivative · entry 1

Haske Michael R · CIK 0001597868 · President and COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 800,195

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on August 13, 2018.

F2 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $103.50 to $104.50, 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 and 6 of this Form 4.

SEC source: 0001562180-19-004428 · primarydocument.xml · nonDerivative · entry 1

WATERS RONALD V · CIK 0001163222 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,200

F1 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on June 11, 2019.

SEC source: 0001562180-19-004432 · primarydocument.xml · nonDerivative · entry 1

Beauchamp Steven R · CIK 0001314830 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,748,638

F1 · balance_after: Amount of securities beneficially owned reflects the forfeiture of certain performance-based restricted stock units previously reported in Table I.

SEC source: 0001562180-19-004429 · primarydocument.xml · nonDerivative · entry 1

Kinsey Mark S · CIK 0001641033 · Sr Vice President - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 79,800

F1 · balance_after: Amount of securities beneficially owned reflects the forfeiture of certain performance-based restricted stock units previously reported in Table I.

SEC source: 0001562180-19-004430 · primarydocument.xml · nonDerivative · entry 1

Haske Michael R · CIK 0001597868 · President and COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 816,892

F1 · balance_after: Amount of securities beneficially owned reflects the forfeiture of certain performance-based restricted stock units previously reported in Table I.

SEC source: 0001562180-19-004431 · primarydocument.xml · nonDerivative · entry 1

Gaty Edward W · CIK 0001597866 · SVP of Product and Technology

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 106,951

F1 · balance_after: Amount of securities beneficially owned reflects the forfeiture of certain performance-based restricted stock units previously reported in Table I.

SEC source: 0001562180-19-004367 · primarydocument.xml · nonDerivative · entry 3

Kinsey Mark S · CIK 0001641033 · Sr Vice President - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 83,469

F2 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on February 14, 2019.

F3 · price: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $100.82 to $101.31, 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 this footnote 5.

SEC source: 0001562180-19-004370 · primarydocument.xml · nonDerivative · entry 1

CARNAHAN ELLEN · CIK 0001037175 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,110

F1 · shares: 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.

SEC source: 0001562180-19-004373 · primarydocument.xml · nonDerivative · entry 1

WATERS RONALD V · CIK 0001163222 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,684

F1 · shares: 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.

SEC source: 0001562180-19-004363 · primarydocument.xml · nonDerivative · entry 2

Beauchamp Steven R · CIK 0001314830 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,772,287

SEC source: 0001562180-19-004363 · primarydocument.xml · nonDerivative · entry 1

Beauchamp Steven R · CIK 0001314830 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,806,672

F1 · shares: 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 15, 2020. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan.

SEC source: 0001562180-19-004372 · primarydocument.xml · nonDerivative · entry 1

Reiner Andres · CIK 0001434817 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,769

F1 · shares: 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.

SEC source: 0001562180-19-004369 · primarydocument.xml · nonDerivative · entry 1

Breen Virginia G · CIK 0001234117 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,677

F1 · shares: 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.

SEC source: 0001562180-19-004374 · primarydocument.xml · nonDerivative · entry 1

Cappotelli Andrew · CIK 0001742758 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,992

F1 · shares: 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 15, 2020. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan.

SEC source: 0001562180-19-004371 · primarydocument.xml · nonDerivative · entry 1

Diehl Jeffrey T · CIK 0001597881 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,804

F1 · shares: 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.

F2 · shares: The reported RSUs are owned directly by Reporting Person, Jeffrey T. Diehl, who is a partner of Adams Street Partners, LLC ("ASP"). ASP 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.

F2 · balance_after: The reported RSUs are owned directly by Reporting Person, Jeffrey T. Diehl, who is a partner of Adams Street Partners, LLC ("ASP"). ASP 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.

F1 · ownership.direct: 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.

F2 · ownership.direct: The reported RSUs are owned directly by Reporting Person, Jeffrey T. Diehl, who is a partner of Adams Street Partners, LLC ("ASP"). ASP 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.

SEC source: 0001562180-19-004368 · primarydocument.xml · nonDerivative · entry 5

Sarowitz Steven I · CIK 0001597870 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,287,332

F2 · shares: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 14, 2018.

F6 · price: 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.