Chad R. Richison - 31 Dec 2021 Form 5 Insider Report for Paycom Software, Inc. (PAYC)

Role
President and CEO, Director, 10%+ Owner
Signature
/s/ Chad R. Richison
Issuer symbol
PAYC
Transactions as of
31 Dec 2021
Net transactions value
$0
Form type
5
Filing time
08 Feb 2022, 18:00:24 UTC
Previous filing
14 Sep 2021
Next filing
13 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYC Common Stock Gift $0 -420 -0.01% $0.000000 4,737,055 14 Dec 2021 Direct F1
transaction PAYC Common Stock Gift $0 +35 +39% $0.000000 125 14 Dec 2021 By Ava L. Richison 2012 Irrevocable Trust U/T/A DTD 12/21/2012 F2, F3
transaction PAYC Common Stock Gift $0 +35 +39% $0.000000 125 14 Dec 2021 By Ian D. Richison 2012 Irrevocable Trust U/T/A DTD 12/21/2012 F2, F4
holding PAYC Common Stock 3,670,999 31 Dec 2021 By Ernest Group, Inc. F5
holding PAYC Common Stock 56 31 Dec 2021 By Abrie R.Richison 2012 Irrevocable Trust U/T/A DTD 12/21/2012 F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,631,000 unvested shares of restricted stock.
F2 Represents shares received pursuant to a gift from the reporting person.
F3 Represents shares of common stock owned by the Ava L. Richison 2012 Irrevocable Trust U/T/A DTD 12/21/2012 (the "Ava L. Richison 2012 Irrevocable Trust"). The reporting person is the settlor and sole trustee for the Ava L. Richison 2012 Irrevocable 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 Ava L. Richison 2012 Irrevocable Trust.
F4 Represents shares of common stock owned by the Ian D. Richison 2012 Irrevocable Trust U/T/A DTD 12/21/2012 (the "Ian D. Richison 2012 Irrevocable Trust"). The reporting person is the settlor and sole trustee for the Ian D. Richison 2012 Irrevocable 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 Ian D. Richison 2012 Irrevocable Trust.
F5 Represents 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.
F6 Represents shares of common stock owned by the Abrie R. Richison 2012 Irrevocable Trust U/T/A DTD 12/21/2012 (the "Abrie R. Richison 2012 Irrevocable Trust"). The reporting person is the settlor and sole trustee for the Abrie R. Richison 2012 Irrevocable 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 Abrie R. Richison 2012 Irrevocable Trust.