Paycom Software Inc.

10/31/2024 | Press release | Distributed by Public on 10/31/2024 16:25

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)
10/30/2024
(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 10/30/2024 S(1) 28 D $167.04(2) 2,752,832 D
Common Stock 10/30/2024 S(1) 14 D $168.65(3) 2,752,818 D
Common Stock 10/30/2024 S(1) 73 D $169.70(4) 2,752,745 D
Common Stock 10/30/2024 S(1) 472 D $171.84(5) 2,752,273 D
Common Stock 10/30/2024 S(1) 524 D $172.35(6) 2,751,749 D
Common Stock 10/30/2024 S(1) 685 D $173.10(7) 2,751,064 D
Common Stock 10/30/2024 S(1) 154 D $174.11(8) 2,750,910 D
Common Stock 10/30/2024 S(1) 28 D $167.04(2) 3,448,671 I By Ernest Group, Inc.(9)
Common Stock 10/30/2024 S(1) 15 D $168.65(3) 3,448,656 I By Ernest Group, Inc.(9)
Common Stock 10/30/2024 S(1) 73 D $169.70(4) 3,448,583 I By Ernest Group, Inc.(9)
Common Stock 10/30/2024 S(1) 471 D $171.84(5) 3,448,112 I By Ernest Group, Inc.(9)
Common Stock 10/30/2024 S(1) 524 D $172.35(6) 3,447,588 I By Ernest Group, Inc.(9)
Common Stock 10/30/2024 S(1) 685 D $173.10(7) 3,446,903 I By Ernest Group, Inc.(9)
Common Stock 10/30/2024 S(1) 154 D $174.11(8) 3,446,749 I By Ernest Group, Inc.(9)
Common Stock 1,012 I By Faye Penelope Richison 2023 Irrevocable Trust(10)
Common Stock 1,012 I By Rome West Pedersen 2023 Irrevocable Trust(11)
Common Stock 1,012 I By Lane West Richison 2022 Irrevocable Trust(12)
Common Stock 1,012 I By Kase Gabriel Richison 2022 Irrevocable Trust(13)
Common Stock 1,012 I By Sage Elizabeth Richison 2022 Irrevocable Trust(14)
Common Stock 1,012 I By Charles Banks Pedersen 2022 Irrevocable Trust(15)
Common Stock 253 I By Ava L. Richison 2012 Irrevocable Trust(16)
Common Stock 253 I By Ian D. Richison 2012 Irrevocable Trust(17)
Common Stock 56 I By Abrie R. Richison 2012 Irrevocable Trust(18)
Common Stock 12,500 I By Charis Michelle Richison Trust(19)
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 10/31/2024
**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 $166.99 to $167.73, 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 $167.73 to $168.97, 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 $169.13 to $169.99, 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 $171.20 to $172.19, 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 $172.19 to $172.70, 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 $172.71 to $173.70, 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 $173.70 to $174.68, 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) 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.
(10) Represents shares of common stock owned by the Faye Penelope Richison 2023 Irrevocable Trust (the "FPR Trust"). The reporting person is the settlor and sole trustee for the FPR Trust, which is for the benefit of the reporting person's grandchild. The reporting person may be deemed to beneficially own the shares of common stock owned by the FPR Trust.
(11) Represents shares of common stock owned by the Rome West Pedersen 2023 Irrevocable Trust (the "RWP Trust"). The reporting person is the settlor and sole trustee for the RWP Trust, which is for the benefit of the reporting person's grandchild. The reporting person may be deemed to beneficially own the shares of common stock owned by the RWP Trust.
(12) Represents shares of common stock owned by the Lane West Richison 2022 Irrevocable Trust (the "LWR Trust"). The reporting person is the settlor and sole trustee for the LWR Trust, which is for the benefit of the reporting person's grandchild. The reporting person may be deemed to beneficially own the shares of common stock owned by the LWR Trust.
(13) Represents shares of common stock owned by the Kase Gabriel Richison 2022 Irrevocable Trust (the "KGR Trust"). The reporting person is the settlor and sole trustee for the KGR Trust, which is for the benefit of the reporting person's grandchild. The reporting person may be deemed to beneficially own the shares of common stock owned by the KGR Trust.
(14) Represents shares of common stock owned by the Sage Elizabeth Richison 2022 Irrevocable Trust (the "SER Trust"). The reporting person is the settlor and sole trustee for the SER Trust, which is for the benefit of the reporting person's grandchild. The reporting person may be deemed to beneficially own the shares of common stock owned by the SER Trust.
(15) Represents shares of common stock owned by the Charles Banks Pedersen 2022 Irrevocable Trust (the "CBP Trust"). The reporting person is the settlor and sole trustee for the CBP Trust, which is for the benefit of the reporting person's grandchild. The reporting person may be deemed to beneficially own the shares of common stock owned by the CBP Trust.
(16) Represents shares of common stock owned by the Ava L. Richison 2012 Irrevocable Trust (the "ALR Trust"). The reporting person is the settlor and sole trustee for the ALR Trust, which is for the benefit of the reporting person's child. The reporting person may be deemed to beneficially own the shares of common stock owned by the ALR Trust.
(17) Represents shares of common stock owned by the Ian D. Richison 2012 Irrevocable Trust (the "IDR Trust"). The reporting person is the settlor and sole trustee for the IDR Trust, which is for the benefit of the reporting person's child. The reporting person may be deemed to beneficially own the shares of common stock owned by the IDR Trust.
(18) Represents shares of common stock owned by the Abrie R. Richison 2012 Irrevocable Trust (the "ARR Trust"). The reporting person is the settlor and sole trustee for the ARR Trust, which is for the benefit of the reporting person's child. The reporting person may be deemed to beneficially own the shares of common stock owned by the ARR Trust.
(19) Represents shares of common stock owned by the Charis Michelle Richison Trust (the "Spouse Trust"). The Spouse Trust is a revocable trust for the benefit of the reporting person's spouse. The reporting person may be deemed to beneficially own the shares of common stock owned by the Spouse Trust.
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.