4//SEC Filing
King Melissa Ann 4
Accession 0002046429-25-000005
CIK 0001591698other
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 4:04 PM ET
Size
7.9 KB
Accession
0002046429-25-000005
Insider Transaction Report
Form 4
King Melissa Ann
SVP Product and Technology
Transactions
- Award
Market Stock Units
2025-08-15+1,918→ 1,918 totalExercise: $0.00→ Common Stock, par value $0.001 (1,918 underlying) - Award
Common Stock, par value $0.001
2025-08-15+13,425→ 30,705 total
Footnotes (5)
- [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 over four years beginning on the date of grant at a rate of 6.25% vesting every three months. The grant will be settled pursuant to the terms of the Issuer's 2023 Equity Incentive Plan.
- [F2]Each market stock unit (MSU) represents the contingent right to receive one (1) share of Issuer common stock.
- [F3]Reflects the grant of a target number MSUs subject to the award as presented in the table. The number of MSUs that ultimately vest may be 0%-200% of this number, depending upon the achievement by the Issuer of certain total shareholder return objectives.
- [F4]The MSUs have four separate performance periods, which begin August 31, 2025 and end November 30, 2027, February 29, 2028, May 31, 2028 and August 31, 2028, respectively. Twenty five percent (25%) of the total award may be earned after the end of each performance period and, to the extent earned, will vest quarterly.
- [F5]Market stock units do not expire; they either vest or are canceled prior to or upon the vesting date.
Documents
Issuer
Paylocity Holding Corp
CIK 0001591698
Entity typeother
Related Parties
1- filerCIK 0002046429
Filing Metadata
- Form type
- 4
- Filed
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 4:04 PM ET
- Size
- 7.9 KB