Paycom VP of Operations Justin Long resigns; severance includes $395,756 cash and accelerated vesting of 1,505 RSUs

Paycom Software, Inc.

Justin Long resigned as VP of Operations effective March 28, 2023.
Cash severance of $395,756.16 (one year base salary plus 12 months COBRA).
Accelerated vesting of 1,505 time-based restricted shares; remaining 225 unvested shares forfeited.
Severance Agreement includes release of claims, non-solicitation, non-disparagement, and cooperation obligations.
Long's departure is effective immediately; no replacement named in the filing.

item 5.02 item 9.01

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Departed

Justin Long

Vice President of Operations

PAYC · Paycom Software, Inc.

Effective: 2023-03-28
Filed: April 3, 2023, 7:59 PM ET

On March 28, 2023, Justin Long resigned from the position of Vice President of Operations of Paycom Software, Inc.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Justin Long resigned as Vice President of Operations at Paycom Software, Inc..

Action: resigned
Role: Vice President of Operations

Exact text from the filing

On March 28, 2023, Justin Long resigned from the position of Vice President of Operations of Paycom Software, Inc.

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Paycom Software, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-089524

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