0001591698-23-000138.txt : 20230817
0001591698-23-000138.hdr.sgml : 20230817
20230817164100
ACCESSION NUMBER: 0001591698-23-000138
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230815
FILED AS OF DATE: 20230817
DATE AS OF CHANGE: 20230817
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Scutt Joshua
CENTRAL INDEX KEY: 0001955160
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36348
FILM NUMBER: 231182486
MAIL ADDRESS:
STREET 1: 1400 AMERICAN LANE
CITY: SCHAUMBURG
STATE: IL
ZIP: 60173
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
wk-form4_1692304850.xml
FORM 4
X0508
4
2023-08-15
0
0001591698
Paylocity Holding Corp
PCTY
0001955160
Scutt Joshua
C/O 1400 AMERICAN LANE
SCHAUMBURG
IL
60173
0
1
0
0
Senior Vice President Sales
0
Common Stock, par value $0.001
2023-08-15
4
A
0
11194
0
A
31758
D
Common Stock, par value $0.001
2023-08-15
4
F
0
486
200.62
D
31272
D
Common Stock, par value $0.001
2023-08-16
4
F
0
444
194.81
D
30828
D
Market Stock Units
0
2023-08-15
4
A
0
4798
0
A
2026-09-01
Common Stock, par value $0.001
4798
4798
D
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 over four years beginning on the date of grant at a rate of 6.25% vesting every three months. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan.
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, 2026. 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 Joshua Scutt
2023-08-17