Patrick J Welsh

Insider

First SEC filing: Jan. 25, 2006 · Latest: Sept. 28, 2009

On this page

Insider at Companies where this person is a reporting insider.
Insider transactions Every share this person bought or sold, from Form 4 filings.
Derivatives Options and other derivative holdings reported by this person.
Initial holdings The stakes this person held when they first started reporting.

Insider at

Insider transactions

0 buys (P) 0 sells (S) Net: $0 + 63 non-open-market transactions below last 12 months, based on the transactions shown below

Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted

63 other filings hidden

Date	Ticker	Code	Shares	Price	Value	Owned after	Δ own	A/D	vs now
Sept. 28, 2015	PAYC	S	7,097	$37.56	$266,563	89,014 Indirect	-7.38%	Disposed	489.9% (price as of 2026-08-19)
Sept. 28, 2015	PAYC	S	667,903	$37.56	$25,086,437	8,376,613 Indirect	-7.38%	Disposed	489.9% (price as of 2026-08-19)
Sept. 21, 2015	PAYC	S	30,160	$37.56	$1,132,810	96,111 Indirect	-23.89%	Disposed	489.9% (price as of 2026-08-19)
Sept. 21, 2015	PAYC	S	2,838,224	$37.56	$106,603,693	9,044,516 Indirect	-23.89%	Disposed	489.9% (price as of 2026-08-19)
May 20, 2015	PAYC	S	54,154	$35.75	$1,936,006	126,271 Indirect	-30.01%	Disposed	519.8% (price as of 2026-08-19)
May 20, 2015	PAYC	S	5,096,287	$35.75	$182,192,260	11,882,740 Indirect	-30.02%	Disposed	519.8% (price as of 2026-08-19)
March 9, 2015	PAYC	J	215,270	—	—	215,270 Direct	—	Acquired	(price as of 2026-08-19)
March 9, 2015	PAYC	J	52,573	—	—	180,425 Indirect	-22.56%	Disposed	(price as of 2026-08-19)
March 9, 2015	PAYC	J	4,947,427	—	—	16,979,027 Indirect	-22.56%	Disposed	(price as of 2026-08-19)
Jan. 10, 2014	SEM	J	1,979	—	—	4,697 Direct	+72.81%	Acquired
Jan. 10, 2014	SEM	J	343,114	—	—	966,971 Indirect	-26.19%	Disposed
Jan. 10, 2014	SEM	J	7,656,886	—	—	21,578,773 Indirect	-26.19%	Disposed
Aug. 22, 2013	SEM	J	6,833	—	—	518,590 Direct	+1.34%	Acquired
Aug. 22, 2013	SEM	J	257,335	—	—	1,535,467 Indirect	-14.35%	Disposed
Aug. 22, 2013	SEM	J	5,742,665	—	—	34,265,277 Indirect	-14.35%	Disposed
Feb. 20, 2013	SEM	J	90,648	—	—	511,757 Direct	+21.53%	Acquired
Feb. 20, 2013	SEM	J	214,446	—	—	1,792,802 Indirect	-10.68%	Disposed
Feb. 20, 2013	SEM	J	4,785,554	—	—	40,007,942 Indirect	-10.68%	Disposed
Jan. 24, 2013	SEM	J	41,434	—	—	421,109 Direct	+10.91%	Acquired
Jan. 24, 2013	SEM	J	214,446	—	—	2,007,248 Indirect	-9.65%	Disposed
Jan. 24, 2013	SEM	J	4,785,554	—	—	44,793,496 Indirect	-9.65%	Disposed
Dec. 18, 2012	SEM	J	44,789	—	—	379,675 Direct	+13.37%	Acquired
Dec. 18, 2012	SEM	J	214,446	—	—	2,221,694 Indirect	-8.80%	Disposed
Dec. 18, 2012	SEM	J	4,785,554	—	—	49,579,050 Indirect	-8.80%	Disposed
Aug. 9, 2012	SEM	J	5,694	—	—	334,886 Direct	+1.73%	Acquired
Aug. 9, 2012	SEM	J	214,446	—	—	2,436,140 Indirect	-8.09%	Disposed
Aug. 9, 2012	SEM	J	4,785,554	—	—	54,364,604 Indirect	-8.09%	Disposed
Sept. 30, 2009	SEM	C	34,893,003	—	—	59,150,158 Indirect	+143.85%	Acquired
Sept. 30, 2009	SEM	C	1,563,595	—	—	2,650,586 Indirect	+143.85%	Acquired
Sept. 30, 2009	SEM	C	194,192	—	—	329,192 Direct	+143.85%	Acquired
Sept. 30, 2009	SEM	C	12,023,373	—	—	0 Indirect	-100.00%	Disposed
Sept. 30, 2009	SEM	C	538,781	—	—	0 Indirect	-100.00%	Disposed
Sept. 30, 2009	SEM	C	66,915	—	—	0 Direct	-100.00%	Disposed
Nov. 16, 2006	AMSF	S	61,020	$11.75	$716,985	0 Indirect	-100.00%	Disposed	124.2% (price as of 2026-08-19)
Nov. 16, 2006	AMSF	S	7,636,475	$11.75	$89,728,581	0 Indirect	-100.00%	Disposed	124.2% (price as of 2026-08-19)
April 27, 2006	BFH	J	8,153	—	—	322,820 Direct	+2.59%	Acquired	(price as of 2026-08-19)
April 27, 2006	BFH	J	319	—	—	678 Indirect	+88.86%	Acquired	(price as of 2026-08-19)
April 27, 2006	BFH	J	5,000,000	—	—	7,160,349 Indirect	-41.12%	Disposed	(price as of 2026-08-19)
Nov. 23, 2005	AMSF	J	62,902	—	—	64,506 Direct	+3921.57%	Acquired	(price as of 2026-08-19)
Nov. 23, 2005	AMSF	J	62,902	—	—	64,506 Indirect	+3921.57%	Acquired	(price as of 2026-08-19)
Nov. 23, 2005	AMSF	J	7,867,975	—	—	8,068,706 Indirect	+3919.66%	Acquired	(price as of 2026-08-19)
Nov. 23, 2005	AMSF	J	6,009	—	—	0 Direct	-100.00%	Disposed	(price as of 2026-08-19)
Nov. 23, 2005	AMSF	J	6,009	—	—	0 Indirect	-100.00%	Disposed	(price as of 2026-08-19)
Nov. 23, 2005	AMSF	J	751,602	—	—	0 Indirect	-100.00%	Disposed	(price as of 2026-08-19)
Jan. 11, 2005	BFH	J	6,520	—	—	314,667 Direct	+2.12%	Acquired	(price as of 2026-08-19)
Jan. 11, 2005	BFH	J	255	—	—	359 Indirect	+245.19%	Acquired	(price as of 2026-08-19)
Jan. 11, 2005	BFH	J	4,000,000	—	—	12,160,349 Indirect	-24.75%	Disposed	(price as of 2026-08-19)
Nov. 5, 2004	BFH	S	400,000	$41.43	$16,572,000	0 Indirect	-100.00%	Disposed	238.1% (price as of 2026-08-19)
Nov. 1, 2004	BFH	J	1,630,000	—	—	16,160,349 Indirect	-9.16%	Disposed	(price as of 2026-08-19)
Nov. 1, 2004	BFH	J	1,374,942	—	—	400,000 Indirect	-77.46%	Disposed	(price as of 2026-08-19)
Nov. 1, 2004	BFH	J	523,049	—	—	0 Indirect	-100.00%	Disposed	(price as of 2026-08-19)
Nov. 1, 2004	BFH	J	655,555	—	—	0 Indirect	-100.00%	Disposed	(price as of 2026-08-19)
Nov. 1, 2004	BFH	J	268,398	—	—	0 Indirect	-100.00%	Disposed	(price as of 2026-08-19)
Nov. 1, 2004	BFH	J	104	—	—	104 Indirect	—	Acquired	(price as of 2026-08-19)
Nov. 1, 2004	BFH	J	34,879	—	—	308,147 Direct	+12.76%	Acquired	(price as of 2026-08-19)
June 30, 2004	BFH	J	3,715,000	—	—	1,774,942 Indirect	-67.67%	Disposed	(price as of 2026-08-19)
June 30, 2004	BFH	J	62,496	—	—	273,268 Direct	+29.65%	Acquired	(price as of 2026-08-19)
June 30, 2004	BFH	J	1,085,000	—	—	523,049 Indirect	-67.47%	Disposed	(price as of 2026-08-19)
May 19, 2004	BFH	S	50,000	$35.90	$1,795,000	210,772 Direct	-19.17%	Disposed	290.2% (price as of 2026-08-19)
May 11, 2004	BFH	S	21,200	$35.50	$752,600	260,772 Direct	-7.52%	Disposed	294.6% (price as of 2026-08-19)
May 7, 2004	BFH	S	28,800	$35.47	$1,021,536	281,972 Direct	-9.27%	Disposed	294.9% (price as of 2026-08-19)
May 6, 2004	BFH	S	50,000	$35.14	$1,757,000	310,772 Direct	-13.86%	Disposed	298.6% (price as of 2026-08-19)
April 29, 2004	BFH	J	3,715,000	—	—	5,489,942 Indirect	-40.36%	Disposed	(price as of 2026-08-19)
April 29, 2004	BFH	J	1,085,000	—	—	1,608,049 Indirect	-40.29%	Disposed	(price as of 2026-08-19)
April 29, 2004	BFH	J	126,853	—	—	360,772 Direct	+54.23%	Acquired	(price as of 2026-08-19)
Feb. 27, 2004	BFH	S	25,000	$29.60	$740,000	233,919 Direct	-9.66%	Disposed	373.2% (price as of 2026-08-19)
Feb. 25, 2004	BFH	S	75,000	$29.59	$2,219,250	258,919 Direct	-22.46%	Disposed	373.4% (price as of 2026-08-19)
Feb. 24, 2004	BFH	S	26,200	$29.24	$766,088	333,919 Direct	-7.28%	Disposed	379.1% (price as of 2026-08-19)
Feb. 19, 2004	BFH	D	11,600	$30.00	$348,000	360,119 Direct	-3.12%	Disposed	366.9% (price as of 2026-08-19)
Feb. 11, 2004	BFH	D	62,200	$30.01	$1,866,622	371,719 Direct	-14.33%	Disposed	366.8% (price as of 2026-08-19)
Feb. 6, 2004	BFH	J	22,679	—	—	433,919 Direct	+5.51%	Acquired	(price as of 2026-08-19)
Feb. 6, 2004	BFH	J	710,000	—	—	2,693,049 Indirect	-20.86%	Disposed	(price as of 2026-08-19)
Feb. 6, 2004	BFH	J	2,290,000	—	—	9,204,942 Indirect	-19.92%	Disposed	(price as of 2026-08-19)
Feb. 2, 2004	BFH	S	450,000	$30.80	$13,860,000	3,403,049 Indirect	-11.68%	Disposed	354.8% (price as of 2026-08-19)
Feb. 2, 2004	BFH	S	1,000,000	$30.80	$30,800,000	11,494,942 Indirect	-8.00%	Disposed	354.8% (price as of 2026-08-19)
Nov. 5, 2003	BFH	S	282,501	$25.60	$7,232,026	3,853,049 Indirect	-6.83%	Disposed	447.2% (price as of 2026-08-19)
Nov. 5, 2003	BFH	S	847,505	$25.60	$21,696,128	12,494,942 Indirect	-6.35%	Disposed	447.2% (price as of 2026-08-19)
Oct. 22, 2003	BFH	J	85,034	—	—	411,240 Direct	+26.07%	Acquired	(price as of 2026-08-19)
Oct. 22, 2003	BFH	J	710,000	—	—	4,135,550 Indirect	-14.65%	Disposed	(price as of 2026-08-19)
Oct. 22, 2003	BFH	J	2,290,000	—	—	13,342,447 Indirect	-14.65%	Disposed	(price as of 2026-08-19)
Sept. 16, 2003	BFH	J	21,901	—	—	326,206 Direct	+7.20%	Acquired	(price as of 2026-08-19)
Sept. 16, 2003	BFH	J	710,000	—	—	4,845,550 Indirect	-12.78%	Disposed	(price as of 2026-08-19)
Sept. 16, 2003	BFH	J	2,290,000	—	—	15,632,447 Indirect	-12.78%	Disposed	(price as of 2026-08-19)

P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding

Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.

Derivative holdings (Form 4 Table II)

Options, RSUs and convertible securities reported on Form 4 Table II.

Date	Ticker	Security	Underlying	Exercise price	Expiration	Shares	A/D
Sept. 30, 2009	SEM	Participating Preferred Stock	Common Stock (34,893,003)	—	—	12,023,373	Disposed
Sept. 30, 2009	SEM	Participating Preferred Stock	Common Stock (1,563,595)	—	—	538,781	Disposed
Sept. 30, 2009	SEM	Participating Preferred Stock	Common Stock (194,192)	—	—	66,915	Disposed

Exercise/conversion price is blank when not applicable (e.g. RSUs).

Initial ownership (Form 3) 18 holdings

Securities held when first becoming an insider, per SEC Form 3.

Date	Ticker	Security	Shares	Ownership
Sept. 28, 2009	SEM	Common Stock	135,000	Direct
Sept. 28, 2009	SEM	Common Stock	24,257,155	Indirect
Sept. 28, 2009	SEM	Common Stock	1,086,991	Indirect
Sept. 28, 2009	SEM	Participating Preferred Stock→ Common Stock	—	Indirect
Sept. 28, 2009	SEM	Participating Preferred Stock→ Common Stock	—	Indirect
Sept. 28, 2009	SEM	Participating Preferred Stock→ Common Stock	—	Direct
Sept. 24, 2009	SEM	Common Stock	135,000	Direct
Sept. 24, 2009	SEM	Common Stock	24,257,155	Indirect
Sept. 24, 2009	SEM	Common Stock	1,086,991	Indirect
Sept. 24, 2009	SEM	Participating Preferred Stock→ Common Stock	—	Indirect
Sept. 24, 2009	SEM	Participating Preferred Stock→ Common Stock	—	Indirect
Sept. 24, 2009	SEM	Participating Preferred Stock→ Common Stock	—	Direct
Nov. 17, 2005	AMSF	Common Stock	200,731	Indirect
Nov. 17, 2005	AMSF	Series A Preferred Stock	744,379	Indirect
Nov. 17, 2005	AMSF	Common Stock	1,604	Direct
Nov. 17, 2005	AMSF	Series A Preferred Stock	5,952	Direct
Nov. 17, 2005	AMSF	Common Stock	1,604	Indirect
Nov. 17, 2005	AMSF	Series A Preferred Stock	5,952	Indirect