SEC Form 4 · accession 0001562180-16-002432
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
May 25, 2016
Accepted (ET)
May 26, 2016 · 6:28 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 | May 25, 2016 | M | 7,500 | $1.31 | A | 87,050 | D | |
| Common Stock, par value $0.001 | May 25, 2016 | F | 2,500 | $36.64 | D | 84,550 | D | |
| Common Stock, par value $0.001F1,F2 | May 26, 2016 | S | 5,000 | $35.90 | 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 | May 25, 2016 | M | 7,500 | D | Jun 21, 2012 | Jun 21, 2020 | Common Stock, par value $0.001 | 7,500 | 492,500 | D |
Explanation of responses
- F1The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on March 17, 2016.
- F2The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $35.75 to $36.08 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 2.