SEC Form 4 · accession 0001562180-17-002254
Paylocity Holding Corp · PCTY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter J McGrail
Officer — Former Chief Financial Officer
Period of report
Jun 9, 2017
Accepted (ET)
Jun 12, 2017 · 4:15 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 | Jun 9, 2017 | M | 90,000 | $1.31 | A | 227,475 | D | |
| Common Stock, par value $0.001 | Jun 9, 2017 | F | 40,236 | $48.70 | D | 187,239 | D | |
| Common Stock, par value $0.001F1 | Jun 9, 2017 | S | 5,457 | $45.70 | D | 181,782 | D | |
| Common Stock, par value $0.001F2 | Jun 9, 2017 | S | 17,002 | $46.31 | D | 164,780 | D | |
| Common Stock, par value $0.001F3 | Jun 9, 2017 | S | 8,809 | $47.68 | D | 155,971 | D | |
| Common Stock, par value $0.001F4 | Jun 9, 2017 | S | 18,496 | $48.43 | 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) | $1.31 | Jun 9, 2017 | M | 90,000 | D | Jun 21, 2012 | Jun 21, 2020 | Common Stock, par value $0.001 | 90,000 | 375,716 | 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 $45.09 to $46.08 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 footnotes 1 through 4 of this Form 4.
- F2The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $46.09 to $47.08, inclusive.
- F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $47.11 to $48.10, inclusive.
- F4The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $48.11 to $48.69, inclusive.
Remarks
Mr. McGrail ceased to be a Section 16 Reporting Officer effective as of June 6, 2017.