secwatch.observer — SEC 8-K summary
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Issuer:     Paylocity Holding Corp (PCTY)
CIK:        0001591698
Form:       8-K
Filed at:   2023-12-04T23:59:59+00:00
Accession:  0001591698-23-000278
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 5.07, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paylocity stockholders approve 2023 Equity Plan and director removal without cause
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- 1,742,242 shares authorized under new 2023 Equity Incentive Plan replacing Prior Plan.
- Charter amended: directors may be removed with or without cause; bylaws updated accordingly.
- All 10 director nominees elected with over 45M 'for' votes each; board incumbents retained.
- KPMG ratified as independent auditor for FY2024 with 52.6M votes for.
- Executive compensation (Say-on-Pay) received 47.2M 'for' votes, advisory approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1591698/000159169823000278/0001591698-23-000278-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1591698/000159169823000278/pcty-20231130.htm
  HTML page:      https://secwatch.observer/filing/0001591698-23-000278

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