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