Paycom Software, Inc. — Director's Dealing 2019

May 14, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Paycom Software, Inc. (PAYC)
CIK: 0001590955
Period of Report: 2019-05-10

Reporting Person: Smith Bradley Scott (Chief Information Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-10	Common Stock	F	389	$208.39	Disposed	25335	Direct
2019-05-10	Common Stock	F	533	$208.39	Disposed	24802	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25798	Indirect

Footnotes

F1: Represents shares of common stock of Paycom Software, Inc. (the "Issuer") withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 875 shares of restricted stock granted to the reporting person on April 26, 2017. No shares were issued or sold in this transaction.

F2: Includes 22,789 unvested shares of restricted stock.

F3: 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.

F4: Includes 21,589 unvested shares of restricted stock.

F5: 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.