Paycom Software Inc.

11/01/2024 | Press release | Distributed by Public on 11/01/2024 14:44

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Richison Chad R.
2. Issuer Name and Ticker or Trading Symbol
Paycom Software, Inc. [PAYC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CEO, President and Chairman
(Last) (First) (Middle)
7501 W. MEMORIAL ROAD
3. Date of Earliest Transaction (Month/Day/Year)
10/31/2024
(Street)
OKLAHOMA CITY, OK 73142
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/31/2024 S(1) 8 D $193.01 3,446,741 I By Ernest Group, Inc.(10)
Common Stock 10/31/2024 S(1) 9 D $201.68 3,446,732 I By Ernest Group, Inc.(10)
Common Stock 10/31/2024 S(1) 7 D $202.68 3,446,725 I By Ernest Group, Inc.(10)
Common Stock 10/31/2024 S(1) 9 D $206 3,446,716 I By Ernest Group, Inc.(10)
Common Stock 10/31/2024 S(1) 8 D $208 3,446,708 I By Ernest Group, Inc.(10)
Common Stock 10/31/2024 S(1) 102 D $209.72(2) 3,446,606 I By Ernest Group, Inc.(10)
Common Stock 10/31/2024 S(1) 329 D $210.80(3) 3,446,277 I By Ernest Group, Inc.(10)
Common Stock 10/31/2024 S(1) 435 D $211.73(4) 3,445,842 I By Ernest Group, Inc.(10)
Common Stock 10/31/2024 S(1) 386 D $212.59(5) 3,445,456 I By Ernest Group, Inc.(10)
Common Stock 10/31/2024 S(1) 239 D $213.71(6) 3,445,217 I By Ernest Group, Inc.(10)
Common Stock 10/31/2024 S(1) 350 D $214.81(7) 3,444,867 I By Ernest Group, Inc.(10)
Common Stock 10/31/2024 S(1) 51 D $215.51(8) 3,444,816 I By Ernest Group, Inc.(10)
Common Stock 10/31/2024 S(1) 3 D $217.13 3,444,813 I By Ernest Group, Inc.(10)
Common Stock 10/31/2024 S(1) 14 D $219.40(9) 3,444,799 I By Ernest Group, Inc.(10)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Richison Chad R.
7501 W. MEMORIAL ROAD
OKLAHOMA CITY, OK 73142
X X CEO, President and Chairman

Signatures

/s/ Matthew Paque, attorney-in-fact 11/01/2024
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The sales reported on this Form 4 were effected pursuant to a joint Rule 10b5-1 trading plan adopted by the reporting person and Ernest Group, Inc. ("Ernest Group") on February 16, 2024.
(2) The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $209.32 to $210.12, 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 in the transactions at each separate price within the range set forth in this footnote.
(3) The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $210.22 to $211.18, 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 in the transactions at each separate price within the range set forth in this footnote.
(4) The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $211.18 to $212.11, 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 in the transactions at each separate price within the range set forth in this footnote.
(5) The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $212.21 to $213.11, 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 in the transactions at each separate price within the range set forth in this footnote.
(6) The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $213.29 to $214.10, 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 in the transactions at each separate price within the range set forth in this footnote.
(7) The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $214.20 to $215.14, 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 in the transactions at each separate price within the range set forth in this footnote.
(8) The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $215.17 to $216.07, 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 in the transactions at each separate price within the range set forth in this footnote.
(9) The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $219.21 to $219.71, 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 in the transactions at each separate price within the range set forth in this footnote.
(10) Represents shares of common stock owned by 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.

Remarks:
This Form 4 is the second of two Form 4s being filed by the reporting person. Because the SEC's EDGAR filing system limits a single Form 4 to a maximum of 30 separate lines, the report has been split into two filings to cover all transactions that occurred on October 31, 2024 and all other holdings as of such date.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.