SEC Form 4 · accession 0001562180-17-001961
Paylocity Holding Corp · PCTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward W Gaty
Officer — SVP of Product and Technology
Period of report
May 15, 2017
Accepted (ET)
May 16, 2017 · 4:19 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 15, 2017 | M | 10,000 | $17.00 | A | 85,934 | D | |
| Common Stock, par value $0.001 | May 15, 2017 | F | 5,743 | $44.64 | D | 80,191 | D | |
| Common Stock, par value $0.001F1 | May 15, 2017 | S | 4,257 | $44.78 | D | 75,934 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $17.00 | May 15, 2017 | M | 10,000 | D | Mar 24, 2015 | Mar 18, 2024 | Common Stock, par value $0.001 | 10,000 | 6,667 | 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 $44.55 to $44.95, 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.