Filing Details

Accession Number:
0001562180-21-005407
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-18 16:14:01
Reporting Period:
2021-08-16
Accepted Time:
2021-08-18 16:14:01
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
1742758 Andrew Cappotelli C/O 1400 American Lane
Schaumburg IL 60173
Chief Accounting Officer 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 1,456 $0.00 10,572 No 4 A Direct
Common Stock, Par Value $0.001 Acquisiton 2021-08-16 2,113 $0.00 12,685 No 4 A Direct
Common Stock, Par Value $0.001 Disposition 2021-08-16 415 $250.57 12,270 No 4 F Direct
Common Stock, Par Value $0.001 Disposition 2021-08-16 734 $248.28 11,536 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 2021-08-16 939 $0.00 939 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
939 2024-09-01 No 4 A Direct
Footnotes
  1. 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.
  2. 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.
  3. The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on June 5, 2020.
  4. 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.
  5. Represents the vesting and release date for these awards.
  6. Restricted stock units do not expire; they either vest or are canceled prior to or upon the vesting date.