SEC Form 4 · accession 0000899243-16-031403
Paycom Software, Inc. · PAYC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chad R. Richison
Officer — See Remarks · Director · 10% Owner
Period of report
Oct 4, 2016
Accepted (ET)
Oct 6, 2016 · 4:33 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 | Aug 5, 2016 | G | 50,000 | $0.00 | D | 3,885,150 | D | |
| Common StockF1 | Aug 30, 2016 | G | 230 | $0.00 | D | 3,884,920 | D | |
| Common StockF2,F3 | Oct 4, 2016 | A | 140,000 | $0.00 | A | 4,024,920 | D | |
| Common StockF4 | holding | — | — | — | 3,670,999 | I | By Ernest Group, Inc. | |
| Common StockF5 | holding | — | — | — | 229,135 | I | By The Ruby Group, Inc. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 401,239 restricted shares of common stock.
- F2Represents restricted shares of common stock granted to the reporting person under the Paycom Software, Inc. 2014 Long-Term Incentive Plan.
- F3Includes 541,239 restricted shares of common stock.
- F4Represents shares of common stock owned by Ernest Group, Inc. ("Ernest Group"). The reporting person is the sole director of Ernest Group and Ernest Group is wholly owned by the reporting person and certain trusts for the reporting person's children, for which the reporting person serves as trustee. The reporting person may be deemed to beneficially own the shares of common stock owned by Ernest Group. 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.
- F5Represents shares of common stock owned by The Ruby Group, Inc. ("Ruby Group"). The reporting person is the sole director and sole shareholder of Ruby Group and may be deemed to beneficially own the shares of common stock owned by Ruby Group.
Remarks
President and Chief Executive Officer