0001591698-23-000134.txt : 20230817 0001591698-23-000134.hdr.sgml : 20230817 20230817163334 ACCESSION NUMBER: 0001591698-23-000134 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: Glenn Ryan CENTRAL INDEX KEY: 0001910963 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36348 FILM NUMBER: 231182386 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] 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_1692304404.xml FORM 4 X0508 4 2023-08-15 0 0001591698 Paylocity Holding Corp PCTY 0001910963 Glenn Ryan C/O 1400 AMERICAN LANE SCHAUMBURG IL 60173 0 1 0 0 CFO and Treasurer 0 Common Stock, par value $0.001 2023-08-15 4 A 0 15308 0 A 36509 D Common Stock, par value $0.001 2023-08-15 4 F 0 557 200.62 D 35952 D Common Stock, par value $0.001 2023-08-16 4 F 0 365 194.81 D 35587 D Market Stock Units 0 2023-08-15 4 A 0 6561 0 A 2026-09-01 Common Stock, par value $0.001 6561 6561 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 Ryan Glenn 2023-08-17