Filing Details
- Accession Number:
- 0001562180-15-000685
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-08-19 13:57:23
- Reporting Period:
- 2015-08-17
- Filing Date:
- 2015-08-19
- Accepted Time:
- 2015-08-19 13:57:23
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1591698 | Paylocity Holding Corp | PCTY | Services-Prepackaged Software (7372) | 464066644 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1314830 | R Steven Beauchamp | C/O 3850 N. Wilke Road Arlington Heights IL 60004 | President And Ceo | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.001 | Acquisiton | 2015-08-17 | 70,000 | $0.00 | 2,656,859 | No | 4 | A | Direct | |
| Common Stock, Par Value $0.001 | Acquisiton | 2015-08-17 | 54,600 | $0.00 | 2,711,459 | No | 4 | A | Direct | |
| Common Stock, Par Value $0.001 | Disposition | 2015-08-17 | 40,000 | $34.07 | 2,671,459 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.001 | Disposition | 2015-08-18 | 3,787 | $35.28 | 2,667,672 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | A | Direct | |
| No | 4 | S | Direct | |
| No | 4 | F | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Acquisiton | 2015-08-17 | 53,000 | $0.00 | 53,000 | $35.28 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 53,000 | 2016-08-17 | 2025-08-17 | No | 4 | A | Direct |
Footnotes
- Reflects the grant of restricted stock units (RSUs) that will entitle Reporting Person to receive one (1) share of Common Stock per RSU. The RSU will vest annually in four equal installments beginning on August 17, 2016. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan.
- 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 vest 50% following fiscal year 2018 and 50% following fiscal year 2019, with the ultimate amount vested dependent upon the attainment of certain performance benchmarks. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan.
- The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on March 12, 2015
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $33.10to $34.94 inclusive. The reporting person undertakes to provide to Paylocity Holding Corporation, any security holder of PaylocityHolding Corporation, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold ateach separate price within the range set forth in this footnote 4.
- The option is exercisable with respect to 13,250 shares on August 17, 2016, with an additional 13,250 shares exercisable on August 17th of each subsequent year until all option shares are exercisable.
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