SEC Form 4 · accession 0001562180-19-001581
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
Mar 1, 2019
Accepted (ET)
Mar 4, 2019 · 4:06 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 | Mar 1, 2019 | M | 18,750 | $7.04 | A | 130,142 | D | |
| Common Stock, par value $0.001 | Mar 1, 2019 | F | 7,469 | $87.57 | D | 122,673 | D | |
| Common Stock, par value $0.001F1,F2 | Mar 1, 2019 | S | 3,861 | $86.07 | D | 118,812 | D | |
| Common Stock, par value $0.001F1,F3 | Mar 1, 2019 | S | 4,430 | $87.15 | D | 114,382 | D | |
| Common Stock, par value $0.001F1,F4 | Mar 1, 2019 | S | 2,990 | $87.99 | D | 111,392 | 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 | Mar 1, 2019 | M | 18,750 | D | Jul 8, 2014 | Jul 8, 2023 | Common Stock, par value $0.001 | 18,750 | 22,333 | D |
Explanation of responses
- F1The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on June 15, 2018.
- F2The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $85.65 to $86.64, 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 2, 3 and 4 of this Form 4.
- F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $86.70 to $87.57, inclusive.
- F4The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $87.83 to $88.11, inclusive.
Remarks
Exhibit List Exhibit 24 - Power of Attorney