UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 15, 2017
PAYLOCITY HOLDING CORPORATION
(Exact name of registrant as specified in charter)
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Delaware |
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001-36348 |
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46-4066644 |
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(State or Other Jurisdiction of |
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(Commission File Number) |
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(I.R.S. Employer Identification |
3850 N. Wilke Road
Arlington Heights, Illinois 60004
(Address of principal executive offices, including zip code)
(847) 463-3200
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
o Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On August 15, 2017, the Compensation Committee of the Board of Directors of Paylocity Holding Corporation (the “Company”) appointed Michael R. Haske to serve as the Company’s President and Chief Operating Officer.
Mr. Haske, 45, has served as the Company’s Senior Vice President of Sales & Marketing since 2007. Prior to joining the Company, Mr. Haske held several roles at Paychex, Inc., including Director of Marketing and Business Development and Regional Manager. Prior to joining Paychex, Inc., Mr. Haske held multiple roles with Automatic Data Processing, Inc., including Sales Manager & Corporate Sales Trainer. Mr. Haske earned his B.A. degree in Marketing and Finance from the University of Michigan. He also earned an M.B.A. in Marketing from Cardean/Ellis NYIT. There are no agreements, arrangements, relationships or transactions between the Company and Mr. Haske required to be disclosed under Items 401 or 404(a) of Regulation S-K. Mr. Haske’s employment with the Company will continue to be subject to the terms of the Second Amended and Restated Employment Agreement effective as of February 7, 2014, between the Company and Mr. Haske, included as Exhibit 10.7 to the Company’s Annual Report on Form 10-K filed on August 11, 2017.
In connection with his promotion, Mr. Haske will assume the role of President of the Company. Mr. Beauchamp will continue to serve as the Company’s Chief Executive Officer and acting Chief Financial Officer.
A copy of the press release describing the foregoing matters is furnished herewith as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit No. |
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Description |
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99.1 |
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Press Release issued by Paylocity Holding Corporation dated August 17, 2017. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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PAYLOCITY HOLDING CORPORATION |
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Date: August 17, 2017 |
By: |
/s/ Steven R. Beauchamp |
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Steven R. Beauchamp |
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Chief Executive Officer; Acting Chief Financial Officer |