0001562180-21-005406.txt : 20210818
0001562180-21-005406.hdr.sgml : 20210818
20210818161343
ACCESSION NUMBER: 0001562180-21-005406
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210816
FILED AS OF DATE: 20210818
DATE AS OF CHANGE: 20210818
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kinsey Mark S
CENTRAL INDEX KEY: 0001641033
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36348
FILM NUMBER: 211186808
MAIL ADDRESS:
STREET 1: 3850 N WILKE ROAD
CITY: ARLINGTON HEIGHTS
STATE: IL
ZIP: 60004
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Paylocity Holding Corp
CENTRAL INDEX KEY: 0001591698
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 464066644
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: 1400 AMERICAN LANE
CITY: SCHAUMBURG
STATE: IL
ZIP: 60173
BUSINESS PHONE: 800-520-2687
MAIL ADDRESS:
STREET 1: 1400 AMERICAN LANE
CITY: SCHAUMBURG
STATE: IL
ZIP: 60173
4
1
primarydocument.xml
PRIMARY DOCUMENT
X0306
4
2021-08-16
false
0001591698
Paylocity Holding Corp
PCTY
0001641033
Kinsey Mark S
C/O 1400 AMERICAN LANE
SCHAUMBURG
IL
60173
false
true
false
false
Sr Vice President - Operations
Common Stock, par value $0.001
2021-08-16
4
A
false
9172.00
0.00
A
61912.00
D
Common Stock, par value $0.001
2021-08-16
4
A
false
7591.00
0.00
A
69503.00
D
Common Stock, par value $0.001
2021-08-16
4
F
false
6151.00
250.57
D
63352.00
D
Common Stock, par value $0.001
2021-08-16
4
S
false
909.00
248.28
D
62443.00
D
Market Stock Units
0.00
2021-08-16
4
A
false
3253.00
0.00
A
2024-09-01
Common Stock, par value $0.001
3253.00
3253.00
D
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.
/s/ Kris Kang, attorney-in-fact to Mark S. Kinsey
2021-08-18