0001591698-24-000184.txt : 20240819 0001591698-24-000184.hdr.sgml : 20240819 20240819160641 ACCESSION NUMBER: 0001591698-24-000184 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240815 FILED AS OF DATE: 20240819 DATE AS OF CHANGE: 20240819 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Glenn Ryan CENTRAL INDEX KEY: 0001910963 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36348 FILM NUMBER: 241220463 MAIL ADDRESS: STREET 1: 1400 AMERICAN LANE CITY: SCHAUMBERG STATE: IL ZIP: 60173 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Paylocity Holding Corp CENTRAL INDEX KEY: 0001591698 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology 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_1724097993.xml FORM 4 X0508 4 2024-08-15 0 0001591698 Paylocity Holding Corp PCTY 0001910963 Glenn Ryan C/O 1400 AMERICAN LANE SCHAUMBURG IL 60173 0 1 0 0 Chief Financial Officer 0 Common Stock, par value $0.001 2024-08-15 4 A 0 22713 0 A 53439 D Common Stock, par value $0.001 2024-08-15 4 F 0 755 151.43 D 52684 D Market Stock Units 0 2024-08-15 4 A 0 3245 0 A Common Stock, par value $0.001 3245 3245 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 2023 Equity Incentive Plan. Each market stock unit (MSU) represents the contingent right to receive one (1) share of Issuer common stock. Reflects the grant of a target number MSUs subject to the award as presented in the table. The number of MSUs that ultimately vest may be 0%-200% of this number, depending upon the achievement by the Issuer of certain total shareholder return objectives. The MSUs have four separate performance periods, which begin August 31, 2024 and end November 30, 2026, February 28, 2027, May 31, 2027 and August 31, 2027, respectively. Twenty five percent (25%) of the total award may be earned after the end of each performance period and, to the extent earned, will vest quarterly. Market 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 Ryan Glenn 2024-08-19