Filing Details

Accession Number:
0001562180-18-003691
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-08-17 17:23:45
Reporting Period:
2018-08-15
Accepted Time:
2018-08-17 17:23:45
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
1597870 I Steven Sarowitz C/O 1400 American Lane
Schaumburg IL 60173
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 2018-08-15 2,600 $0.00 14,820,606 No 4 A Direct
Common Stock, Par Value $0.001 Disposition 2018-08-15 3,740 $65.68 14,816,866 No 4 S Direct
Common Stock, Par Value $0.001 Disposition 2018-08-15 1,136 $66.73 14,815,730 No 4 S Direct
Common Stock, Par Value $0.001 Disposition 2018-08-15 2,379 $65.50 218,621 No 4 S Indirect by the Julian Grace Foundation
Common Stock, Par Value $0.001 Disposition 2018-08-15 1,121 $66.74 217,500 No 4 S Indirect by the Julian Grace Foundation
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 S Direct
No 4 S Indirect by the Julian Grace Foundation
No 4 S Indirect by the Julian Grace Foundation
Footnotes
  1. 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.
  2. The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 6, 2017.
  3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $65.18 to $66.14, 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 3 and 4 of this Form 4.
  4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $66.19 to $67.08, inclusive.
  5. The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the Julian Grace Foundation on May 14, 2018.
  6. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $65.18 to $66.14, 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 6 and 7 of this Form 4.
  7. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $66.19 to $67.16, inclusive.