SEC Form 4 · accession 0001562180-15-000812
Paylocity Holding Corp · PCTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter J McGrail
Officer — Chief Financial Officer
Period of report
Sep 29, 2015
Accepted (ET)
Oct 1, 2015 · 1:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001591698
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001F1 | Sep 29, 2015 | M | 60,179 | $29.02 | A | 145,011 | D | |
| Common Stock, par value $0.001F1 | Sep 29, 2015 | F | 25,461 | $29.02 | D | 119,550 | D | |
| Common Stock, par value $0.001 | Sep 30, 2015 | S | 40,000 | $29.75 | D | 79,550 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $1.31 | Sep 29, 2015 | M | 60,179 | D | Jun 21, 2011 | Jun 21, 2020 | Common Stock, par value $0.001 | 60,179 | 547,879 | D |
Explanation of responses
- F1The exercise occurred after the close of trading on September 29, 2015.
- F2After the close of trading on September 29, 2015, Mr. McGrail exercised 60,179 Employee Stock Options and, under the net settlement provisions of the stock options, 25,461 shares of common stock were withheld in payment of the exercise price and related taxes.