CPSI 2018 Proxy Statement

40 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT The following table sets forth the number and percentage of outstanding shares of common stock beneficially owned as of March 6, 2018 by: ● each director and director nominee; ● each executive officer named in the Summary Compensation Table on page 31 of this Proxy Statement; ● all of our directors and executive officers as a group; and ● beneficial owners of 5% or more of our common stock. Except as indicated in footnotes to this table, we believe that the stockholders named in this table have sole voting and investment power with respect to all shares of common stock shown to be beneficially owned by them, based on information provided to us by such stockholders. Unless otherwise indicated, the address for each director and executive officer is: c/o Computer Programs and Systems, Inc., 6600 Wall Street, Mobile, Alabama 36695. Name of Beneficial Owner Number of Shares of Common Stock (1) % of Shares of Common Stock (2) Francisco Partners (3) ................................................................................. 1,965,605 14.0% BlackRock, Inc. (4) ..................................................................................... 1,458,080 10.4% The Vanguard Group, Inc. (5) ..................................................................... 1,223,930 8.7% Brown Brothers Harriman & Co. (6)........................................................... 1,201,050 8.5% Gilead Capital (7) ........................................................................................ 1,017,110 7.4% River Road Asset Management, LLC (8) .................................................... 799,345 5.7% Quantum Capital Management, LLC (9)..................................................... 708,795 5.0% J. Boyd Douglas (10)................................................................................... 230,369 1.6% David A. Dye (11) ....................................................................................... 132,999 * Regina M. Benjamin (12) ............................................................................ 4,499 * Charles P. Huffman (13).............................................................................. 14,999 * John C. Johnson (14) ................................................................................... 13,499 * W. Austin Mulherin, III (15) ...................................................................... 15,256 * A. Robert Outlaw, Jr. (16) ........................................................................... 14,516 * William R. Seifert, II (17) ........................................................................... 11,238 * Glenn P. Tobin (18)..................................................................................... 7,999 * Denise W. Warren (19) ............................................................................... 4,499 * Matt J. Chambless (20)................................................................................ 40,313 * Christopher L. Fowler (21).......................................................................... 52,911 * Troy D. Rosser (22)..................................................................................... 43,509 * All Directors & Executive Officers as a group (15 persons)(23) ............ 679,199 4.8% * Reflects ownership of less than 1%. (1) The number of shares of common stock reflected in the table is that number of shares which are deemed to be beneficially owned under Section 13(d) of the Exchange Act and SEC rules thereunder. Shares deemed to be beneficially owned include shares as to which, directly or indirectly, through any contract, relationship, arrangement, understanding or otherwise, either voting power or investment power is held or shared. Unless otherwise stated, the named person has the sole voting and investment power for the shares indicated. (2) Percentage of ownership is based on 14,085,989 shares of Company common stock outstanding as of March 14, 2018. (3) Includes (i) 1,938,968 shares held by Francisco Partners II, L.P. (“FPII”) with shared voting and dispositive power and (ii) 26,637 shares held by Francisco Partners Parallel Fund II, L.P. (“FPPII” and, together with FPII, “Francisco Partners”) with shared voting and dispositive power. Francisco Partners GP II, L.P. (“FPGPII”) is the general partner of FPII and FPPII, and Francisco Partners GP II Management, LLC (“FPMII”) is the general partner of FPGPII and may be deemed to have voting and investment control over these shares of common stock. Tom Ludwig is a manager of FMPII and may be deemed to have voting and investment control over these shares of common stock. The address of Francisco Partners is One Letterman Drive, Building C – Suite 410, San Francisco, California 94129. This information is based solely upon our review of a Schedule 13G filed by Francisco Partners with the SEC on February 18, 2016, reporting beneficial ownership as of January 8, 2016. Francisco Partners has not disclosed an amended Schedule 13G since such date. Francisco Partners filed a Form 4 on June 14, 2017 reporting that it is the beneficial owner (as defined in Rule 16a-1 under the Exchange Act) of 1,465,605 shares, with respect to which it has a pecuniary interest (as defined in Rule 16a-1(a)(2)(i) of the Exchange Act). (4) The address of BlackRock, Inc. is 55 East 52nd Street, New York, New York 10055. This information is based solely upon our review of an amended Schedule 13G filed by BlackRock, Inc. with the SEC on January 19, 2018, reporting beneficial ownership as of December 31, 2017. The Schedule 13G/A reports that (a) BlackRock, Inc. is a parent holding company or control person, (b) BlackRock, Inc.’s subsidiaries, BlackRock Advisors, LLC, BlackRock Investment