SEC Form 4 · accession 0001562180-17-000743
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
Feb 15, 2017
Accepted (ET)
Feb 16, 2017 · 4:08 pm EST
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 | Feb 15, 2017 | M | 7,700 | $1.31 | A | 145,175 | D | |
| Common Stock, par value $0.001 | Feb 15, 2017 | F | 2,700 | $35.68 | D | 142,475 | D | |
| Common Stock, par value $0.001F1,F2 | Feb 16, 2017 | S | 5,000 | $36.27 | D | 137,475 | 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 | Feb 15, 2017 | M | 7,700 | D | Jun 21, 2012 | Jun 21, 2020 | Common Stock, par value $0.001 | 7,700 | 465,716 | 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 $36.07 to $36.56, 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.