Paycom Software, Inc. — Director's Dealing 2016

May 25, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Paycom Software, Inc. (PAYC)
CIK: 0001590955
Period of Report: 2016-05-25

Reporting Person: SWANI SANJAY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-25	Common Stock	J	5065436	—	Disposed	0	Indirect
2016-05-25	Common Stock	J	53828	—	Disposed	0	Indirect
2016-05-25	Common Stock	J	66190	—	Acquired	180259	Direct
2016-05-25	Common Stock	J	13620	—	Acquired	63934	Indirect

Footnotes

F1: In-kind distribution of shares by Welsh, Carson, Anderson & Stowe X, L.P. and WCAS Capital Partners IV, L.P. pro rata to their respective partners.

F2: The Reporting Person is a managing member of the respective sole general partners of Welsh, Carson, Anderson & Stowe X, L.P. and WCAS Capital Partners IV, L.P. Pursuant to Instruction (4)(b)(iv) of Form 4, the Reporting Person has elected to report as indirectly beneficially owned the entire number of securities beneficially owned by each such entity. The Reporting Person 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: The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.