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