SEC Form 4 · accession 0001562180-16-002418
Paylocity Holding Corp · PCTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward W Gaty
Officer — Sr. VP of Product Development
Period of report
May 20, 2016
Accepted (ET)
May 23, 2016 · 4:55 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 $0.001 | May 20, 2016 | M | 16,000 | $7.04 | A | 63,490 | D | |
| Common Stock, par value $0.001 | May 20, 2016 | F | 7,211 | $34.82 | D | 56,279 | D | |
| Common Stock, par value $0.001F1 | May 20, 2016 | S | 8,789 | $34.91 | D | 47,490 | 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) | $7.04 | May 20, 2016 | M | 16,000 | D | Jul 8, 2014 | Jul 8, 2023 | Common Stock, par value $0.001 | 16,000 | 127,333 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $34.79 to $35.31 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 this footnote 1.