Company: PAYC
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001193125-25-072358
Chunk: 57

Company: Paycom Software, Inc.
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 57
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 Annual Incentive Plan because each was no longer employed by the Company as of the end of the performance period. |

| (4) | The amounts presented in this row relate to an award of RSUs that vest in three substantially equal tranches on February 5, 2025, February 5, 2026, and February 5, 2027, in each case subject to the NEO’s continued service through the applicable vesting date. Mr. Thomas forfeited this award in connection with his resignation in May 2024. Ms. Faurot forfeited this award in connection with her transition to a non-employee consulting role in April 2024. |

| (5) | The amounts presented in this row relate to PSUs that were eligible to vest based on our achievement of a total revenue target for the one-year performance period ended December 31, 2024. See “Compensation Discussion and Analysis—Equity Incentive Compensation—2024 Equity Awards—2024 PSU Awards.” Mr. Thomas forfeited this award in connection with his resignation in May 2024. Ms. Faurot forfeited this award in connection with her transition to a non-employee consulting role in April 2024. |

| (6) | The amounts presented in this row relate to RSAs granted to Mr. Peck prior to his appointment as an executive officer, with 97 shares vesting on May 10, 2025, 97 shares vesting on May 10, 2026, 113 shares vesting on May 10, 2027 and 146 shares vesting on May 10, 2028, in each case subject to Mr. Peck’s continued service through the applicable vesting date. |

| (7) | The amounts presented in this row relate to PSAs granted to Mr. Peck prior to his appointment as an executive officer, which shares vest if, within eight years of the date of grant, the Company’s stock price (measured based on a trailing weighted average price, which we refer to as “VWAP Value”) equals or exceeds $222 per share, subject to Mr. Peck’s continued service through the vesting date. |

| (8) | The amounts presented in this row relate to PSAs granted to Mr. Peck prior to his appointment as an executive officer, which shares will vest if, within eight years of the date of grant, the Company’s VWAP Value equals or exceeds $251