Paycom Software, Inc. — Director's Dealing 2019

Jun 5, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Paycom Software, Inc. (PAYC)
CIK: 0001590955
Period of Report: 2019-06-03

Reporting Person: Smith Bradley Scott (Chief Information Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-03	Common Stock	S	500	$195.768	Disposed	25298	Indirect
2019-06-03	Common Stock	S	400	$197.085	Disposed	24898	Indirect
2019-06-03	Common Stock	S	100	$197.90	Disposed	24798	Indirect
2019-06-03	Common Stock	S	300	$199.6067	Disposed	24498	Indirect
2019-06-03	Common Stock	S	400	$201.9375	Disposed	24098	Indirect
2019-06-03	Common Stock	S	500	$202.898	Disposed	23598	Indirect
2019-06-03	Common Stock	S	100	$206.60	Disposed	23498	Indirect
2019-06-03	Common Stock	S	100	$208.65	Disposed	23398	Indirect
2019-06-03	Common Stock	S	200	$211.67	Disposed	23198	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	24802	Direct

Footnotes

F1: 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.

F2: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $195.34 to $196.30, inclusive. The reporting person undertakes to provide to Paycom Software, Inc. (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.

F3: The Bradley Scott Smith Revocable Trust, dated October 30, 2017 (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 the Issuer's 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 price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $196.76 to $197.51, 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.

F5: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $199.13 to $200.03, 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.

F6: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $201.66 to $202.25, 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 $202.78 to $203.29, 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.

F8: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $211.30 to $212.04, 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.

F9: Includes 21,589 unvested shares of restricted stock.