Chad R. Richison - Dec 14, 2023 Form 4 Insider Report for Paycom Software, Inc. (PAYC)

Signature
/s/ Chad Richison
Stock symbol
PAYC
Transactions as of
Dec 14, 2023
Transactions value $
$202
Form type
4
Date filed
12/15/2023, 04:05 PM
Previous filing
Dec 13, 2023
Next filing
Feb 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYC Common Stock Purchase $202 +1 +0% $201.86 4.7M Dec 14, 2023 Direct F1, F2
holding PAYC Common Stock 1.01K Dec 14, 2023 By Faye Penelope Richison 2023 Irrevocable Trust F3
holding PAYC Common Stock 1.01K Dec 14, 2023 By Rome West Pedersen 2023 Irrevocable Trust F4
holding PAYC Common Stock 1.01K Dec 14, 2023 By Lane West Richison 2022 Irrevocable Trust F5
holding PAYC Common Stock 1.01K Dec 14, 2023 By Kase Gabriel Richison 2022 Irrevocable Trust F6
holding PAYC Common Stock 1.01K Dec 14, 2023 By Sage Elizabeth Richison 2022 Irrevocable Trust F7
holding PAYC Common Stock 1.01K Dec 14, 2023 By Charles Banks Pedersen 2022 Irrevocable Trust F8
holding PAYC Common Stock 253 Dec 14, 2023 By Ava L. Richison 2012 Irrevocable Trust F9
holding PAYC Common Stock 253 Dec 14, 2023 By Ian D. Richison 2012 Irrevocable Trust F10
holding PAYC Common Stock 56 Dec 14, 2023 By Abrie R. Richison 2012 Irrevocable Trust F11
holding PAYC Common Stock 12.5K Dec 14, 2023 By Charis Michelle Richison Trust F12
holding PAYC Common Stock 3.67M Dec 14, 2023 By Ernest Group, Inc. F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,610,000 unvested shares of restricted stock.
F2 Due to the value of his holdings of Paycom Software, Inc. common stock, the reporting person is subject to the reporting requirements of the Hart-Scott-Rodino ("HSR") Antitrust Improvements Act of 1976. In anticipation of the expiration of the five-year effective period of his prior HSR filing, the reporting person submitted an HSR filing on November 13, 2023. Following termination of the post-filing waiting period, the reporting person purchased one share of common stock, thereby triggering the effectiveness of his recent HSR filing.
F3 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.
F4 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.
F5 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.
F6 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.
F7 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.
F8 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.
F9 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.
F10 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.
F11 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.
F12 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.
F13 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.