Chad R. Richison - 08 May 2025 Form 4 Insider Report for Paycom Software, Inc. (PAYC)

Signature
/s/ Matthew Paque, attorney-in-fact
Issuer symbol
PAYC
Transactions as of
08 May 2025
Net transactions value
-$29,221,920
Form type
4
Filing time
09 May 2025, 16:15:44 UTC
Previous filing
25 Feb 2025
Next filing
12 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Richison Chad R. CEO, President and Chairman, Director, 10%+ Owner 7501 W. MEMORIAL ROAD, OKLAHOMA CITY /s/ Matthew Paque, attorney-in-fact 09 May 2025 0001594487

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYC Common Stock Sale $1,034,360 -4,392 -0.13% $235.51 3,422,857 08 May 2025 By Ernest Group, Inc. F1, F2, F3
transaction PAYC Common Stock Sale $1,616,758 -6,844 -0.2% $236.23 3,416,013 08 May 2025 By Ernest Group, Inc. F1, F3, F4
transaction PAYC Common Stock Sale $1,836,505 -7,732 -0.23% $237.52 3,408,281 08 May 2025 By Ernest Group, Inc. F1, F3, F5
transaction PAYC Common Stock Sale $2,064,458 -8,664 -0.25% $238.28 3,399,617 08 May 2025 By Ernest Group, Inc. F1, F3, F6
transaction PAYC Common Stock Sale $379,880 -1,587 -0.05% $239.37 3,398,030 08 May 2025 By Ernest Group, Inc. F1, F3, F7
transaction PAYC Common Stock Sale $4,046,599 -16,809 -0.49% $240.74 3,381,221 08 May 2025 By Ernest Group, Inc. F1, F3, F8
transaction PAYC Common Stock Sale $3,034,599 -12,549 -0.37% $241.82 3,368,672 08 May 2025 By Ernest Group, Inc. F1, F3, F9
transaction PAYC Common Stock Sale $107,198 -441 -0.01% $243.08 3,368,231 08 May 2025 By Ernest Group, Inc. F1, F3, F10
transaction PAYC Common Stock Sale $190,730 -782 -0.02% $243.90 3,367,449 08 May 2025 By Ernest Group, Inc. F1, F3, F11
transaction PAYC Common Stock Sale $7,267,534 -29,638 -0.88% $245.21 3,337,811 08 May 2025 By Ernest Group, Inc. F1, F3, F12
transaction PAYC Common Stock Sale $138,499 -562 -0.02% $246.44 3,337,249 08 May 2025 By Ernest Group, Inc. F1, F3, F13
transaction PAYC Common Stock Sale $7,504,800 -30,000 -0.9% $250.16 3,307,249 08 May 2025 By Ernest Group, Inc. F1, F3, F14
holding PAYC Common Stock 2,673,358 08 May 2025 Direct F15
holding PAYC Common Stock 1,087 08 May 2025 By Faye Penelope Richison 2023 Irrevocable Trust F16
holding PAYC Common Stock 1,087 08 May 2025 By Rome West Pedersen 2023 Irrevocable Trust F17
holding PAYC Common Stock 1,087 08 May 2025 By Lane West Richison 2022 Irrevocable Trust F18
holding PAYC Common Stock 1,087 08 May 2025 By Kase Gabriel Richison 2022 Irrevocable Trust F19
holding PAYC Common Stock 1,087 08 May 2025 By Sage Elizabeth Richison 2022 Irrevocable Trust F20
holding PAYC Common Stock 1,087 08 May 2025 By Charles Banks Pedersen 2022 Irrevocable Trust F21
holding PAYC Common Stock 328 08 May 2025 By Ava L. Richison 2012 Irrevocable Trust F22
holding PAYC Common Stock 328 08 May 2025 By Ian D. Richison 2012 Irrevocable Trust F23
holding PAYC Common Stock 56 08 May 2025 By Abrie R. Richison 2012 Irrevocable Trust F24
holding PAYC Common Stock 12,500 08 May 2025 By Charis Michelle Richison Trust F25
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Ernest Group, Inc. ("Ernest Group") on December 12, 2024.
F2 The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $235.00 to $235.98, 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.
F3 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.
F4 The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $236.00 to $236.95, 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.
F5 The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $237.00 to $237.98, 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.
F6 The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $238.00 to $238.94, 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.
F7 The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $239.00 to $239.52, 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.
F8 The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $240.42 to $241.24, 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.
F9 The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $241.52 to $242.46, 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.
F10 The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $242.53 to $243.52, 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.
F11 The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $243.53 to $244.03, 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.
F12 The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $245.00 to $245.87, 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.
F13 The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $246.02 to $246.58, 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.
F14 The price reported is a weighted average price. These shares of common stock were sold in multiple transactions at prices ranging from $250.00 to $250.82, 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.
F15 Includes 43,148 unvested restricted stock units.
F16 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.
F17 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.
F18 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.
F19 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.
F20 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.
F21 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.
F22 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.
F23 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.
F24 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.
F25 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.