Paycom Software, Inc. — Director's Dealing 2018

May 14, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Paycom Software, Inc. (PAYC)
CIK: 0001590955
Period of Report: 2018-05-10

Reporting Person: Smith Bradley Scott (Chief Information Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-09	Common Stock	G	2014	$0.00	Disposed	28251	Direct
2018-05-09	Common Stock	G	2014	$0.00	Acquired	25956	Indirect
2018-05-10	Common Stock	F	353	$109.52	Disposed	27898	Direct
2018-05-11	Common Stock	G	2857	$0.00	Disposed	25041	Direct
2018-05-11	Common Stock	G	2857	$0.00	Acquired	28813	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 24,792 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: Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 1,200 shares of restricted stock granted to the reporting person on October 4, 2016. No shares were issued or sold in this transaction.

F5: Includes 23,592 unvested shares of restricted stock.