SEC Form 4 · accession 0000899243-18-000455
Paycom Software, Inc. · PAYC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey D. York
Officer — Chief Sales Officer
Period of report
Jan 2, 2018
Accepted (ET)
Jan 4, 2018 · 4:05 pm EST
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 | Dec 29, 2017 | G | 3,000 | $0.00 | D | 763,231 | I | By JCY Holdings, LP |
| Common StockF3,F1 | Jan 2, 2018 | S | 27,062 | $79.6947 | D | 736,169 | I | By JCY Holdings, LP |
| Common StockF4,F1 | Jan 2, 2018 | S | 22,938 | $80.2898 | D | 713,231 | I | By JCY Holdings, LP |
| Common StockF5 | holding | — | — | — | 123,803 | D | ||
| Common StockF6 | holding | — | — | — | 22,000 | I | By York Charitable Remainder Unitrust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The general partner of JCY Holdings, LP ("JCY Holdings") is JCY General LLC ("JCY General") and the limited partners of JCY Holdings are the reporting person and his spouse. Each of the reporting person and his spouse owns 50% of the membership interests of JCY General.
- F2The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 11, 2017.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.18 to $79.98, inclusive. The reporting person undertakes to provide to Paycom Software, Inc. (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.
- F4The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.47, 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.
- F5Includes 24,720 unvested shares of restricted stock.
- F6The York Charitable Remainder Unitrust (the "Trust") is a charitable remainder trust of which the reporting person and his spouse are co-trustees and of which the reporting person and his spouse are beneficiaries. The reporting person continues to report beneficial ownership of all of the shares of the Issuer's common stock held by the Trust but disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein.