SEC Form 4 · accession 0000899243-16-028751
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
Sep 7, 2016
Accepted (ET)
Sep 9, 2016 · 4:15 pm 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 | Sep 7, 2016 | S | 5,000 | $52.1141 | D | 453,407 | D | |
| Common StockF3,F4 | Sep 7, 2016 | S | 5,000 | $52.2436 | D | 444,877 | I | By WK-EGI, Inc. |
| Common StockF5,F4 | Sep 8, 2016 | S | 45,000 | $52.0558 | D | 399,877 | I | By WK-EGI, Inc. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.106 to $52.164, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2Includes 90,591 restricted shares of common stock.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.18 to $52.29, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4Represents shares of common stock owned by WK-EGI, Inc. ("WK-EGI"). The reporting person is the sole director of WK-EGI, and WK-EGI is owned by the reporting person and certain trusts for which he serves as trustee. The reporting person may be deemed to beneficially own the shares of common stock owned by WK-EGI. The reporting person 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 the reporting person 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.
- F5The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.00 to $52.15, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.