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UNITED STATES |
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SECURITIES AND EXCHANGE COMMISSION |
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Washington, D.C. 20549 |
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SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)
Paylocity Holding Corporation
(Name of Issuer)
Common Stock, $0.001 Par Value Per Share
(Title of Class of Securities)
70438V 106
(CUSIP Number)
December 31, 2017
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o |
Rule 13d-1(b) |
o |
Rule 13d-1(c) |
x |
Rule 13d-1(d) |
The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 70438V 106 |
Schedule 13G |
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1 |
Name of Reporting Person: Steven Raymond Beauchamp | |||
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2 |
Check the Appropriate Box if a Member of a Group* | |||
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(a) |
o | ||
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(b) |
o | ||
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3 |
SEC Use Only | |||
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4 |
Citizenship or Place of Organization | |||
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Number of |
5 |
Sole Voting Power | |||
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6 |
Shared Voting Power | ||||
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7 |
Sole Dispositive Power | ||||
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8 |
Shared Dispositive Power | ||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* o | |||
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11 |
Percent of Class Represented by Amount in Row 9 | |||
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12 |
Type of Reporting Person* | |||
(1) Includes 623,717 shares of common stock subject to outstanding options, which are vested or vest within 60 days of December 31, 2017.
(2) Includes 20,000 shares held by the IRIE Foundation, a private charitable foundation controlled by the reporting person and 145,000 shares held by the IRIE Family Trust (the Trust) for the benefit of the reporting persons children. The reporting persons spouse is trustee of the Trust.
(3) Based on 53,213,545 shares of common stock outstanding on December 31, 2017 (including 623,717 shares of common stock subject to outstanding options, which are vested or vest within 60 days of December 31, 2017).
CUSIP No. 70438V 106 |
Schedule 13G |
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Item 1. | |||
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(a) |
Name of Issuer: | |
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(b) |
Address of Issuers Principal Executive Offices: Arlington Heights, IL 60004 | |
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Item 2. | |||
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(a) |
Name of Person Filing: | |
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(b) |
Address of Principal Business Office or, if none, Residence: 3850 N. Wilke Road Arlington Heights, IL 60004 | |
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(c) |
Citizenship: | |
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(d) |
Title of Class of Securities: | |
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(e) |
CUSIP Number: | |
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Item 3. |
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | ||
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(a) |
o |
Broker or dealer registered under section 15 of the Act |
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(b) |
o |
Bank as defined in section 3(a)(6) of the Act |
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(c) |
o |
Insurance company as defined in section 3(a)(19) of the Act |
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(d) |
o |
Investment company registered under section 8 of the Investment Company Act of 1940 |
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(e) |
o |
An investment adviser in accordance with §240.13d-1(b)(1(ii)(E) |
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(f) |
o |
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F) |
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(g) |
o |
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G) |
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(h) |
o |
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act |
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(i) |
o |
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 |
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(j) |
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Group, in accordance with § 240.13d-1(b)-1(ii)(J) |
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Not applicable. |
CUSIP No. 70438V 106 |
Schedule 13G |
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Item 4. |
Ownership | ||
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. | |||
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(a) |
Amount beneficially owned: 2,655,234 shares (1) (2) | |
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(b) |
Percent of class: 5.0% (3) | |
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(c) |
Number of shares as to which such person has:
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(i) |
Sole power to vote or to direct the vote: 2,490,234 shares (1) |
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(ii) |
Shared power to vote or to direct the vote: 165,000 shares (2) |
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(iii) |
Sole power to dispose or to direct the disposition of: 2,490,234 shares (1) |
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(iv) |
Shared power to dispose or to direct the disposition of: 165,000 shares (2) |
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Item 5. |
Ownership of Five Percent or Less of a Class | ||
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following x. | |||
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Item 6. |
Ownership of More than Five Percent on Behalf of Another Person | ||
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Not applicable. | ||
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Item 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company | ||
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Not applicable. | ||
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Item 8. |
Identification and Classification of Members of the Group | ||
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Not applicable. | ||
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Item 9. |
Notice of Dissolution of Group | ||
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Not applicable. |
CUSIP No. 70438V 106 |
Schedule 13G |
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Item 10. |
Certification |
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Not applicable. |
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: February 14, 2018
By: |
/s/Steven Raymond Beauchamp |
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Steven Raymond Beauchamp |
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