Paylocity Holding Corp. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the annual meeting of stockholders held by Paylocity Holding Corporation on December 7, 2018, for its fiscal year 2019. The filing details the voting results for director elections, auditor ratification, and executive compensation.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on corporate governance voting outcomes.
Material Changes
No material financial changes or operational updates are disclosed in this filing. The document serves to record the outcomes of shareholder votes.
Guidance, Outlook, and Management Commentary
The filing contains no guidance, outlook, or management commentary regarding future financial performance. It confirms the ratification of KPMG LLP as the independent registered public accounting firm for the fiscal year ending June 30, 2019.
Key Facts for Investor Verification
- Shareholder Participation: 95.36% of eligible shares (50,347,933 of 52,797,354) were represented at the meeting.
- Director Elections: Both Class II nominees, Virginia G. Breen and Ronald V. Waters III, were elected. Virginia G. Breen received 47,681,766 "For" votes, while Ronald V. Waters III received 46,961,969 "For" votes.
- Auditor Ratification: KPMG LLP was ratified as the independent auditor with 50,271,639 "For" votes.
- Executive Compensation: The advisory vote on named executive officer compensation passed with 47,158,634 "For" votes.