August 15, 2025 · Form 4 insider transaction
Williams Toby J. bought 15,836 shares of Paylocity Holding Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Each market stock unit (MSU) represents the contingent right to receive one (1) share of Issuer common stock.; 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.; 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.; Market stock units do not expire; they either vest or are canceled prior to or upon the vesting date.