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Paylocity Holding Corp — Director's Dealing 2017
Aug 17, 2017
30670_dirs_2017-08-17_1b8f9c7f-163e-4cb6-9234-5d5bcbb1e8f3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Paylocity Holding Corp (PCTY)
CIK: 0001591698
Period of Report: 2017-08-15
Reporting Person: Haske Michael R (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-08-15 | Common Stock, par value $0.001 | A | 42000.00 | $0.00 | Acquired | 1228860.00 | Direct |
| 2017-08-15 | Common Stock, par value $0.001 | A | 21000.00 | $0.00 | Acquired | 1249860.00 | Direct |
| 2017-08-15 | Common Stock, par value $0.001 | S | 4200.00 | $45.06 | Disposed | 1245660.00 | Direct |
| 2017-08-15 | Common Stock, par value $0.001 | S | 7200.00 | $45.91 | Disposed | 1238460.00 | Direct |
Footnotes
F1: 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 15, 2018. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan.
F2: 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 vest following fiscal year 2019 with the ultimate amount vested dependent upon the attainment of certain performance benchmarks. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan.
F3: The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on August 22, 2016.
F4: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $44.59 to $45.55 inclusive. The reporting person undertakes to provide to Paylocity Holding Corporation, any security holder of Paylocity Holding Corporation, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 4 and 5 of this Form 4.
F5: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $45.60 to $46.20, inclusive.