Key facts
- This page summarizes Melissa Ann King's Form 4 filing for Paylocity Holding Corp (PCTY).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 19 Aug 2025, 16:04.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Additional SEC filing notes
Footnote 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.
Footnote F2
Each market stock unit (MSU) represents the contingent right to receive one (1) share of Issuer common stock.
Footnote 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.
Footnote 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.
Footnote F5
Market stock units do not expire; they either vest or are canceled prior to or upon the vesting date.