0001562180-21-005407.txt : 20210818 0001562180-21-005407.hdr.sgml : 20210818 20210818161401 ACCESSION NUMBER: 0001562180-21-005407 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210816 FILED AS OF DATE: 20210818 DATE AS OF CHANGE: 20210818 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cappotelli Andrew CENTRAL INDEX KEY: 0001742758 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36348 FILM NUMBER: 211186809 MAIL ADDRESS: STREET 1: 3850 N. WILKE RD CITY: ARLINGTON HEIGHTS STATE: IL ZIP: 60004 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 primarydocument.xml PRIMARY DOCUMENT X0306 4 2021-08-16 false 0001591698 Paylocity Holding Corp PCTY 0001742758 Cappotelli Andrew C/O 1400 AMERICAN LANE SCHAUMBURG IL 60173 false true false false Chief Accounting Officer Common Stock, par value $0.001 2021-08-16 4 A false 1456.00 0.00 A 10572.00 D Common Stock, par value $0.001 2021-08-16 4 A false 2113.00 0.00 A 12685.00 D Common Stock, par value $0.001 2021-08-16 4 F false 415.00 250.57 D 12270.00 D Common Stock, par value $0.001 2021-08-16 4 S false 734.00 248.28 D 11536.00 D Market Stock Units 0.00 2021-08-16 4 A false 939.00 0.00 A 2024-09-01 Common Stock, par value $0.001 939.00 939.00 D Represents performance-based restricted stock units (PRSUs) awarded pursuant to the Issuer's 2014 Equity Incentive Plan for which performance criteria have been satisfied that will entitle the Reporting Person to receive one share of the Issuer's common stock per PRSU upon vesting. The PRSUs vest on August 15, 2022, subject to continued service through the vesting date. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan. 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 16, 2022. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan. The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on June 5, 2020. 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, 2024. 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 Andrew Cappotelli 2021-08-18