SEC Form 4 · accession 0000899243-19-003842
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
Feb 13, 2019
Accepted (ET)
Feb 15, 2019 · 4:08 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,F2 | Feb 13, 2019 | F | 5,206 | $173.06 | D | 197,891 | D | |
| Common StockF4,F5 | Feb 13, 2019 | S | 300 | $172.37 | D | 562,931 | I | By JCY Holdings, LP |
| Common StockF6,F5 | Feb 13, 2019 | S | 5,123 | $173.1264 | D | 557,808 | I | By JCY Holdings, LP |
| Common StockF7,F5 | Feb 13, 2019 | S | 17,771 | $174.1413 | D | 540,037 | I | By JCY Holdings, LP |
| Common StockF8,F5 | Feb 13, 2019 | S | 1,806 | $174.7476 | D | 538,231 | I | By JCY Holdings, LP |
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 14,000 shares of restricted stock granted to the reporting person on January 17, 2019. No shares were issued or sold in this transaction.
- F2Includes 56,000 unvested shares of restricted stock.
- F3The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 5, 2018.
- F4The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.30 to $172.45, 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.
- F5The 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.
- F6The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.50 to $173.48, 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.
- F7The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.50 to $174.48, 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.
- F8The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.52 to $175.51, 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.