secwatch.observer — SEC 8-K summary
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Issuer:     Paylocity Holding Corp (PCTY)
CIK:        0001591698
Form:       8-K
Filed at:   2022-03-14T23:59:59+00:00
Accession:  0001591698-22-000045
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paylocity promotes Toby Williams to Co-CEO; Ryan Glenn named CFO; Haske to resign Sept 2022
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- Williams (formerly CFO) becomes Co-CEO & President; receives $560k base salary and $2M RSU grant.
- Glenn (formerly SVP Finance) becomes CFO; receives $350k base salary and $1M RSU grant.
- Haske steps down as President/COO; will consult from Sept 2022 at $20k/month for 12 months.
- Haske's outstanding RSUs/MSUs continue vesting through 2024 subject to consulting and non-compete.
- Haske's resignation not due to any dispute or disagreement with the company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1591698/000159169822000045/0001591698-22-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1591698/000159169822000045/pcty-20220311.htm
  HTML page:      https://secwatch.observer/filing/0001591698-22-000045

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