PAYLOCITY HOLDING CORPORATION (NASDAQ:PCTY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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PAYLOCITY HOLDING CORPORATION (NASDAQ:PCTY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective June1, 2018,Andrew Cappotelli was appointed by the Company as its Chief Accounting Officer. Mr.Cappotelli, age 47, previously served as Vice President at Trinet,Inc., a human capital management company/professional employer organization from August2017 until May2018. From July2006 through August2017, Mr.Cappotelli held various financial leadership roles at Paychex,Inc., including the Controller of the Human Resources Services Business Unit, Corporate Director of Financial Planning and Analysis, and Internal Audit Director. Prior to that, Mr.Cappotelli served as the Director of Internal Audit for the Black& Decker Corporation and Director of Accounting for Gibraltar Industries. Mr.Cappotelli started his career in 1996 with KPMG LLP, a registered public accounting firm, serving as a Senior Manager in the Assurance Practice. Mr.Cappotelli earned both his BBA in Accounting and his MBA from Saint Bonaventure University. He is also a Certified Public Accountant.

In connection with his appointment, Mr.Cappotelli was granted 12,000 restricted stock units, subject to standard terms and conditions of the Company’s Equity Incentive Plan.

Mr.Cappotelli is not a party to any material plan, contract or arrangement with the Company, nor has any other material plan, contract or arrangement to which he is a party been modified as a result of Mr.Cappotelli’s appointment described above.

There is no arrangement or understanding between Mr.Cappotelli and any other person to which he was selected as an officer of the Company and there are no family relationships between Mr.Cappotelli and any of the Company’s directors or executive officers. There are no transactions to whichthe Company is a party and in which Mr.Cappotelli has a direct or indirect material interest that would be required to be disclosed under Item404(a)of Regulation S-K.


About PAYLOCITY HOLDING CORPORATION (NASDAQ:PCTY)

Paylocity Holding Corporation is a cloud-based provider of payroll and human capital management (HCM), software solutions for medium-sized organizations. The Company’s services are provided in a software-as-a-service delivery model utilizing its cloud-based platform. The cloud-based platform provides a suite of applications using a multi-tenant architecture. The cloud-based platform features a suite of unified payroll and HCM applications. The Company, through cloud-based platform, offers various products, which include Paylocity Web Pay, Paylocity HR, Paylocity Affordable Care Act Enhanced, Paylocity Impressions, Performance Management, Self-Service HR Portals, Paylocity Recruiting, Paylocity Web Time, Paylocity Web Onboarding, and Paylocity Web Benefits and Paylocity Enterprise Benefits, Powered by bswift. The multi-tenant software platform is configurable and includes a unified suite of payroll and HCM applications, such as time and labor tracking, benefits and talent management.