Paycom Software, Inc. — Director's Dealing 2014

Apr 11, 2014

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Paycom Software, Inc. (PAYC)
CIK: 0001590955
Period of Report: 2014-04-10

Reporting Person: Welsh, Carson, Anderson & Stowe X, L.P. (10% Owner)
Reporting Person: WELSH PATRICK J (10% Owner)
Reporting Person: CARSON RUSSELL L (10% Owner)
Reporting Person: ANDERSON BRUCE K (10% Owner)
Reporting Person: MINICUCCI ROBERT A (Director, 10% Owner)
Reporting Person: DENICOLA ANTHONY J (10% Owner)
Reporting Person: QUAELLY PAUL B (10% Owner)
Reporting Person: SWANI SANJAY (Director, 10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	30425136	Direct

Footnotes

F1: The securities reported as directly beneficially owned by the designated Reporting Person may be deemed to be indirectly beneficially owned by each of the Reporting Owners listed below, each of whom is a managing member of the sole general partner of the designated Reporting Person. Pursuant to Instruction 5(b)(iv) of Form 3, each such individual has elected to report as indirectly beneficially owned the entire number of securities owned by the designated Reporting Person, however each of them disclaims beneficial ownership of any securities, and any proceeds thereof, that exceed his pecuniary interest therein and/or that are not actually distributed to him.

F2: Each Reporting Owner listed below also indirectly beneficially owns 323,307 shares of Common Stock held by WCAS Capital Partners IV, L.P. Such individuals are managing members of the sole general partner of WCAS Capital Partners IV, L.P. Pursuant to Instruction 5(b)(iv) of Form 3, each such individual has elected to report as indirectly beneficially owned the entire number of securities owned by such entity, however each of them disclaims beneficial ownership of any securities, and any proceeds thereof, that exceed his pecuniary interest therein and/or that are not actually distributed to him.

F3: Jonathan M. Rather also indirectly beneficially owns 163,337 shares of Common Stock held by WCAS Management Corp, of which he is the sole controlling shareholder. Pursuant to Instruction 5(b)(iv) of Form 3, Mr. Rather has elected to report as indirectly beneficially owned the entire number of securities owned by such entity, however he disclaims beneficial ownership of any securities, and any proceeds thereof, that exceed his pecuniary interest therein and/or that are not actually distributed to him.