---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-106461"
form_type: "8-K"
ticker: "PAYC"
cik: "0001590955"
company_name: "Paycom Software, Inc."
filed_at: "2022-04-15T23:59:59+00:00"
generated_at: "2026-06-26T07:08:40.755422+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Paycom COO Jon Evans departs; Justin Long assumes responsibilities

## Summary
- Jon Evans left COO role effective April 14, 2022; Justin Long (EVP Ops) takes over.
- Evans receives $709,350 severance (18 months salary + 12 months COBRA) plus accelerated vesting of 5,663 restricted shares.
- Long's base salary $375,000; target bonus 100% of base for 2022, max 170% based on revenue retention.
- Evans' performance-based PSUs remain eligible but prorated for employment days in performance periods.

## SEC filing metadata
- accession: 0001193125-22-106461
- form_type: 8-K
- ticker: PAYC
- cik: 0001590955
- company_name: Paycom Software, Inc.
- filed_at: 2022-04-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590955/000119312522106461/0001193125-22-106461-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590955/000119312522106461/d333058d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-106461
- JSON: https://secwatch.observer/filing/0001193125-22-106461.json
- Plain text: https://secwatch.observer/filing/0001193125-22-106461.txt

## Key facts
- Executive change
  Justin Long was appointed as Chief Operating Officer at Paycom Software, Inc..
  - Action: appointed
  - Role: Chief Operating Officer
  source text: Justin Long, the Company’s Executive Vice President of Operations, will assume Mr. Evans’s responsibilities.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590955/000119312522106461/0001193125-22-106461-index.htm
- Executive change
  Jon Evans departed as Chief Operating Officer at Paycom Software, Inc..
  - Action: departed
  - Role: Chief Operating Officer
  source text: On April 14, 2022, Paycom Software, Inc. (the “ Company ”) announced the departure of Jon Evans from the position of Chief Operating Officer of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590955/000119312522106461/0001193125-22-106461-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.