secwatch.observer — SEC 8-K summary
======================================

Issuer:     Paylocity Holding Corp (PCTY)
CIK:        0001591698
Form:       8-K
Filed at:   2022-07-01T23:59:59+00:00
Accession:  0001591698-22-000079
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paylocity SVP of Operations Mark Kinsey to resign effective Sept 2, 2022
------------------------------------------------------------------------

- Kinsey will depart as SVP of Operations on September 2, 2022; transition period through that date.
- Resignation was not due to any dispute or disagreement with the company.
- Company will immediately begin search for Kinsey's successor.
- Separation agreement includes 36-month non-compete and extended vesting of certain equity awards.
- Kinsey remains employed through separation date; eligible for COBRA premium payments up to 18 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1591698/000159169822000079/0001591698-22-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1591698/000159169822000079/pcty-20220630.htm
  HTML page:      https://secwatch.observer/filing/0001591698-22-000079

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer