Paycom Software, Inc. 4
4 · Paycom Software, Inc. · Filed May 4, 2016
Insider Transaction Report
Form 4
SWANI SANJAY
Director10% Owner
Transactions
- Award
Common Stock
2016-05-02+1,283→ 114,069 total
Footnotes (3)
- [F1]Shares awarded under a Restricted Stock Award Agreement pursuant to the Issuer's 2014 Long-Term Incentive Plan, vesting over a period of three years.
- [F2]The Reporting Person also indirectly beneficially owns 5,065,436 shares of Common Stock held by Welsh, Carson, Anderson & Stowe X, L.P. and 53,828 shares of Common Stock held by WCAS Capital Partners IV, L.P. The Reporting Person is a managing member of the respective sole general partners of Welsh, Carson, Anderson & Stowe X, L.P. and WCAS Capital Partners IV, L.P. Pursuant to Instruction (4)(b)(iv) of Form 4, the Reporting Person has elected to report as indirectly beneficially owned the entire number of securities beneficially owned by each such entity. The Reporting Person disclaims beneficial ownership of any securities, and any proceeds thereof, that exceed his pecuniary interest therein and/or that are not actually distributed to him.
- [F3]The Reporting Person also indirectly beneficially owns 50,314 shares of Common Stock held by The Swani Family LLC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.