Does priority notification work on OP3?

I'm currently on a Nexus 4 with stock Lollipop. I've set the phone up for priority notifications where between 10pm and 7am, the phone goes in silent mode unless someone on my contact favorites calls or texts, then it will give an audible alert. Given the OP3 has an alert slider, I want to know if this priority notification feature still works on the OP3.

Thank you