Paycom Software, Inc. — Director's Dealing 2018

Sep 26, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Paycom Software, Inc. (PAYC)
CIK: 0001590955
Period of Report: 2018-09-24

Reporting Person: Smith Bradley Scott (Chief Information Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-07	Common Stock	G	1134	$0.00	Disposed	22194	Direct
2018-08-07	Common Stock	G	1134	$0.00	Acquired	30794	Indirect
2018-09-24	Common Stock	S	100	$151.04	Disposed	30694	Indirect
2018-09-24	Common Stock	S	200	$152.855	Disposed	30494	Indirect
2018-09-24	Common Stock	S	1097	$154.4153	Disposed	29397	Indirect
2018-09-24	Common Stock	S	3803	$155.0187	Disposed	25594	Indirect

Footnotes

F1: The reporting person transferred these shares pursuant to a gift to Bradley Scott Smith Revocable Trust, dated October 30, 2017 (the "Bradley Scott Smith Revocable Trust"). See footnote (3) below for additional information regarding the Bradley Scott Smith Revocable Trust.

F2: Includes 21,592 unvested shares of restricted stock.

F3: The Bradley Scott Smith Revocable Trust is a revocable trust for the benefit of the reporting person, his spouse, and his children. The reporting person is the trustor and, with his spouse, a co-trustee of the Bradley Scott Smith Revocable Trust. Accordingly, the reporting person reports beneficial ownership of all of the shares of Paycom Software, Inc.'s (the "Issuer") common stock held by the Bradley Scott Smith Revocable Trust but disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein.

F4: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 24, 2018.

F5: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $152.37 to $153.34, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F6: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $153.66 to $154.63, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F7: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $154.675 to $155.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.