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Paylocity Holding Corp — Director's Dealing 2024
Oct 3, 2024
30670_dirs_2024-10-03_f18823f2-ab9b-43c1-8df9-09733176fbed.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: Paylocity Holding Corp (PCTY)
CIK: 0001591698
Period of Report: 2024-09-10
Reporting Person: Scutt Joshua (Senior Vice President Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-09-10 | Common Stock, par value $0.001 | M | 676 | — | Acquired | 43993 | Direct |
| 2024-09-10 | Common Stock, par value $0.001 | F | 302 | $156.53 | Disposed | 43691 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-09-10 | Market Stock Units | $0 | M | 1690 | Disposed | Common Stock, par value $0.001 (1690) | Direct |
Footnotes
F1: Represents shares of Issuer Common Stock issued upon the settlement of Market Stock Units granted on August 15, 2021, based on the achievement by the Issuer of certain total shareholder return objectives over the three-year performance period ending August 31, 2024.
F2: This amendment is being filed to correct an inadvertent administrative error in the number of shares acquired as reported on the Form 4 filed on September 12, 2024 and to correct the total amount of securities beneficially owned following the reported transactions.
F3: Each Market Stock Unit entitles the Reporting Person to a payout of shares of Issuer Common Stock equal to between 0% and 200% of such Market Stock Unit depending on the relative performance of the total shareholder return of Issuer Common Stock compared with that of a peer group over a three-year performance period ending August 31, 2024.
F4: The Market Stock Units vested upon determination by the Compensation Committee of the level of achievement of the performance criteria.
F5: Market Stock Units do not expire; they either vest or are canceled prior to or upon the vesting date.