| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PCTY | Common Stock, par value $0.001 | Options Exercise | $0 | +1.4K | +3.24% | $0.00 | 44.8K | Sep 10, 2024 | Direct | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PCTY | Market Stock Units | Options Exercise | $0 | -3.51K | -100% | $0.00 | 0 | Sep 10, 2024 | Common Stock, par value $0.001 | 3.51K | $0.00 | Direct | F3, F4, F5 |
| Id | Content |
|---|---|
| F1 | Represents unvested restricted stock units ("RSUs") converted from Market Stock Units granted on October 1, 2021, based on the achievement by the Issuer of certain total shareholder return objectives over the three-year performance period ending August 31, 2024. The RSUs will vest on October 1, 2024, subject to the Reporting Person's continued employment. |
| F2 | This amendment is being filed to correct an inadvertent administrative error in the number of shares acquired as reported on the Form 4 filed on September 12, 2024 and to correct the total amount of securities beneficially owned following the reported transaction. |
| F3 | Each Market Stock Unit entitles the Reporting Person to a payout of shares of Issuer Common Stock equal to between 0% and 200% of such Market Stock Unit depending on the relative performance of the total shareholder return of Issuer Common Stock compared with that of a peer group over a three-year performance period ending August 31, 2024. |
| F4 | The Market Stock Units converted to restricted units upon determination by the Compensation Committee of the level of achievement of the performance criteria. |
| F5 | Restricted stock units do not expire; they either vest or are canceled prior to or upon the vesting date. |