SEC Form 4 · accession 0000899243-16-025979
Paycom Software, Inc. · PAYC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William X. Kerber III
Officer — Chief Information Officer
Period of report
Jul 28, 2016
Accepted (ET)
Aug 1, 2016 · 7:00 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001590955
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 28, 2016 | F | 17,138 | $47.68 | D | 466,160 | D | |
| Common StockF3 | holding | — | — | — | 449,877 | I | By WK-EGI, Inc. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of common stock of Paycom Software, Inc. (the "Issuer") withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 40,000 restricted shares of common stock granted to Mr. Kerber on April 15, 2016. No shares were issued or sold in this transaction.
- F2Includes 110,591 restricted shares of common stock.
- F3Represents shares of common stock owned by WK-EGI, Inc. ("WK-EGI"). Mr. Kerber is the sole director of WK-EGI, and WK-EGI is owned by Mr. Kerber and certain trusts for which he serves as trustee. Mr. Kerber may be deemed to beneficially own the shares of common stock owned by WK-EGI. Mr. Kerber disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein. Neither the filing of this report nor anything herein shall be deemed an admission that Mr. Kerber is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose, the beneficial owner of such securities.