Paycom Software, Inc. — Director's Dealing 2020

Dec 7, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Paycom Software, Inc. (PAYC)
CIK: 0001590955
Period of Report: 2020-12-03

Reporting Person: Smith Bradley Scott (Chief Information Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-03	Common Stock	S	14	$419.777	Disposed	16813	Indirect
2020-12-03	Common Stock	S	18	$421.53	Disposed	16795	Indirect
2020-12-03	Common Stock	S	24	$423.174	Disposed	16771	Indirect
2020-12-03	Common Stock	S	5	$423.644	Disposed	16766	Indirect
2020-12-03	Common Stock	S	31	$425.205	Disposed	16735	Indirect
2020-12-03	Common Stock	S	32	$427.191	Disposed	16703	Indirect
2020-12-03	Common Stock	S	57	$428.492	Disposed	16646	Indirect
2020-12-03	Common Stock	S	183	$429.652	Disposed	16463	Indirect
2020-12-03	Common Stock	S	184	$430.571	Disposed	16279	Indirect
2020-12-03	Common Stock	S	103	$431.48	Disposed	16176	Indirect
2020-12-03	Common Stock	S	126	$432.856	Disposed	16050	Indirect
2020-12-03	Common Stock	S	136	$433.773	Disposed	15914	Indirect
2020-12-03	Common Stock	S	63	$434.875	Disposed	15851	Indirect
2020-12-03	Common Stock	S	24	$435.685	Disposed	15827	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25041	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 May 1, 2020.

F2: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $419.75 to $420.13, 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 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 $421.44 to $421.85, 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 $422.44 to $423.32, 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 $423.64 to $423.65, 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 $424.74 to $425.61, 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 $426.82 to $427.70, 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: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $428.02 to $428.82, 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.

F10: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $429.05 to $430.02, 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.

F11: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $430.05 to $431.04, 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.

F12: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $431.05 to $431.80, 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.

F13: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $432.30 to $433.29, 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.

F14: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $433.36 to $434.31, 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.

F15: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $434.39 to $435.32, 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.

F16: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $435.52 to $435.95, 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.

F17: Includes 23,326 unvested shares of restricted stock.