Filing Details
- Accession Number:
- 0001562180-21-005406
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-08-18 16:13:43
- Reporting Period:
- 2021-08-16
- Accepted Time:
- 2021-08-18 16:13:43
- 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 |
|---|---|---|---|---|---|---|---|
| 1641033 | S Mark Kinsey | C/O 1400 American Lane Schaumburg IL 60173 | Sr Vice President - Operations | 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 | 2021-08-16 | 9,172 | $0.00 | 61,912 | No | 4 | A | Direct | |
| Common Stock, Par Value $0.001 | Acquisiton | 2021-08-16 | 7,591 | $0.00 | 69,503 | No | 4 | A | Direct | |
| Common Stock, Par Value $0.001 | Disposition | 2021-08-16 | 6,151 | $250.57 | 63,352 | No | 4 | F | Direct | |
| Common Stock, Par Value $0.001 | Disposition | 2021-08-16 | 909 | $248.28 | 62,443 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.001 | Market Stock Units | Acquisiton | 2021-08-16 | 3,253 | $0.00 | 3,253 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 3,253 | 2024-09-01 | No | 4 | A | Direct |
Footnotes
- Represents performance-based restricted stock units (PRSUs) awarded pursuant to the Issuer's 2014 Equity Incentive Plan for which performance criteria have been satisfied that will entitle the Reporting Person to receive one share of the Issuer's common stock per PRSU upon vesting. The PRSUs vest on August 15, 2022, subject to continued service through the vesting date. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan.
- Includes 67 shares of Paylocity Holding Corporation's common stock acquired pursuant to Paylocity Holding Corporation's Employee Stock Purchase Plan on May 14, 2021.
- 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 16, 2022. 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 September 9, 2020.
- Reflects the grant of a target number of market stock units (MSUs) subject to the award as presented in the table which will entitle Reporting Person to receive one (1) share of Common Stock per MSU. The number of MSUs that vest may be 0%-200% of this number ("awarded units"), depending upon performance. Following the achievement by the Issuer of certain total shareholder return objectives, the awarded units will vest on September 1, 2024. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan.
- Represents the vesting and release date for these awards.
- Restricted stock units do not expire; they either vest or are canceled prior to or upon the vesting date.
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