Form 4 for PCTY Paylocity Holding Corp
Accepted 2023-08-17 00:00:00 ET · period of report 2023-08-15 · accession 0001591698-23-000156 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-08-17 | 2023-08-15 | PCTY | Sarowitz Steven I | Dir, 10% | A - Grant | $0.00 | +927 | 10.04M | +0.0% | $0 | |
| M | 2023-08-17 | 2023-08-16 | PCTY | Sarowitz Steven I | Dir, 10% | S - Sale | $195.25 | -14.3K | 10.02M | -0.1% | -$2.79M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.001 | 2023-08-15 | A | A | 927 | $0.00 | 10,038,048 | D | — | — | (F1) Reflects the grant of restricted stock units (RSUs) that will entitle Reporting Person to receive one (1) share of Common Stock per RSU. The RSUs will vest 25% quarterly, such that the RSUs will vest completely on the first anniversary of the date of grant. The grant will be settled pursuant to the terms of the Issuer's 2014 Equity Incentive Plan. |
| 2 | Common | Common Stock, par value $0.001 | 2023-08-16 | S | D | 2,078 | $194.03 | 10,035,970 | D | — | — | (F2) The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 13, 2022. (F3) The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $193.65 to $194.62, 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 3, 4 and 5 of this Form 4. |
| 3 | Common | Common Stock, par value $0.001 | 2023-08-16 | S | D | 10,687 | $195.36 | 10,025,283 | D | — | — | (F2) The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 13, 2022. (F4) The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $194.84 to $195.79, inclusive. |
| 4 | Common | Common Stock, par value $0.001 | 2023-08-16 | S | D | 1,499 | $196.18 | 10,023,784 | D | — | — | (F2) The transaction indicated was conducted under an approved 10b5-1 Plan adopted by the reporting person on December 13, 2022. (F5) The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $195.88 to $196.48, inclusive. |