Paycom appoints board member Jason D. Clark as CAO effective Dec 4, 2023; $575k salary, 40k RSUs, $2.5M sign-on

Paycom Software, Inc.

Jason D. Clark appointed Chief Administrative Officer, effective December 4, 2023.
Clark resigns from Board and committee positions; Board size reduced from 8 to 7.
Annual base salary of $575,000, eligible for annual bonus beginning in 2024.
Granted 40,000 time-based restricted stock shares vesting over four years.
Awarded fully vested sign-on equity valued at $2.5 million based on Dec 1 closing price.

item 5.02 item 9.01

Executive movements

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Departed

Jason D. Clark

Director

PAYC · Paycom Software, Inc.

Effective: 2023-12-04
Filed: November 21, 2023, 6:59 PM ET

Mr. Clark will resign from such Board and committee positions immediately prior to assuming his duties as Chief Administrative Officer on December 4, 2023.

Appointed

Jason D. Clark

Chief Administrative Officer

PAYC · Paycom Software, Inc.

Effective: 2023-12-04
Filed: November 21, 2023, 6:59 PM ET

On November 17, 2023, the Board of Directors (the “ Board ”) of Paycom Software, Inc. (the “ Company ”) approved the appointment of Jason D. Clark as Chief Administrative Officer of the Company, effective December 4, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jason D. Clark resigned as Director at Paycom Software, Inc..

Action: resigned
Role: Director

Exact text from the filing

Mr. Clark will resign from such Board and committee positions immediately prior to assuming his duties as Chief Administrative Officer on December 4, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jason D. Clark was appointed as Chief Administrative Officer at Paycom Software, Inc..

Action: appointed
Role: Chief Administrative Officer

Exact text from the filing

On November 17, 2023, the Board of Directors (the “ Board ”) of Paycom Software, Inc. (the “ Company ”) approved the appointment of Jason D. Clark as Chief Administrative Officer of the Company, effective December 4, 2023.

View on SEC.gov

Paycom Software, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-281491

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