Corporate filings show Chad Richison, founder of Oklahoma City-based Paycom, received more than $211 million in compensation last year for his role as president and CEO of the company. But a closer look at those filings reveals that Richison can't cash in the stock that makes up the lion's share of that payday until and unless the company's stock price continues to soar. In fact, for the CEO to claim even part of the stock grant, Paycom shares must top $1,000. It's currently priced at just over $400.

<p>Corporate filings show Chad Richison, founder of Oklahoma City-based Paycom, received more than $211 million in compensation last year for his role as president and CEO of the company. But a closer look at those filings reveals that Richison can't cash in the stock that makes up the lion's share of that payday until and unless the company's stock price continues to soar. In fact, for the CEO to claim even part of the stock grant, Paycom shares must top $1,000. It's currently priced at just over $400.</p>

News Briefs from The Oklahoman - Oklahoma City, Oklahoma

<p>News Briefs from The Oklahoman - Oklahoma City, Oklahoma</p>

Oklahoma City News Briefs - The Oklahoman

Oklahoma City-  Here's why Paycom's Chad Richison is (technically) America's highest paid CEO

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