Company: PAYC
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001193125-25-072358
Chunk: 35

Company: Paycom Software, Inc.
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 35
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                 511,228 |     | —        |
| Amy Vickroy Walker(3) |     |          — |     |                 517,000 |     | —        |
| Jason D. Clark        |     |    575,000 |     |                 598,000 |     | 4%       |
| Chris G. Thomas(4)    |     |    800,000 |     |                       — |     | —        |
| Holly Faurot(5)       |     |    497,190 |     |                       — |     | —        |

| (1) | The amounts represent base salaries in effect as of July 1, 2024. |

| (2) | Mr. Peck was not an NEO in 2023. In connection with his appointment as Chief Operating Officer on May 30, 2024, Mr. Peck’s base salary was increased to $511,228. |

| (3) | Ms. Walker was not an NEO in 2023. In connection with her appointment as Executive Vice President of Sales on April 1, 2024, Ms. Walker’s base salary was increased to $517,000. |

| (4) | Mr. Thomas resigned from the Company effective May 29, 2024. |

| (5) | Ms. Faurot transitioned to a non-employee role with the Company effective April 4, 2024. |

In the first quarter of 2025, the Committee reviewed, approved and implemented salary changes for executive officers, including Messrs. Richison, Smith, Peck and Clark and Ms. Walker. Going forward, in order to better align the implementation of salary changes with other annual executive compensation determinations, the Committee intends to review, approve and implement annual executive officer salary changes, if any, in the first quarter of each year, rather than delaying effectiveness to July 1 st. 44

Annual Incentive Plan Overview The purpose of the Annual Incentive Plan is to advance our interests and the interests of our stockholders by:

| › | providing certain employees, including the executive officers, with incentive compensation that is tied to the achievement of pre-established, objective performance goals; |

| › | identifying and rewarding superior performance and providing competitive compensation to attract, motivate and retain employees who have outstanding skills and abilities; and |

| › | fostering accountability and teamwork throughout Paycom. |

The Annual Incentive Plan is administered by