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Major owner of Paycom Software just disposed of 2,790,666 shares

Eric J. Lee, a major owner of Paycom Software, recently disposed of 2,790,666 shares of the company. The disposals took place at $41.75 per share, on November 18, 2015. Lee still owns 5,748,816 shares of the company. Lee operates out of New York, NY. Some additional info was provided as follows:

The Reporting Person is a managing member of the respective sole general partners of Welsh, Carson, Anderson & Stowe X, L.P. and...