Paycom Software, Inc. — Director's Dealing 2020

Sep 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Paycom Software, Inc. (PAYC)
CIK: 0001590955
Period of Report: 2020-09-02

Reporting Person: York Jeffrey D. (Chief Sales Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-02	Common Stock	S	3578	$302.15	Disposed	409653	Indirect
2020-09-02	Common Stock	S	4879	$302.957	Disposed	404774	Indirect
2020-09-02	Common Stock	S	9472	$304.058	Disposed	395302	Indirect
2020-09-02	Common Stock	S	14831	$305.084	Disposed	380471	Indirect
2020-09-02	Common Stock	S	9279	$305.884	Disposed	371192	Indirect
2020-09-02	Common Stock	S	3684	$306.959	Disposed	367508	Indirect
2020-09-02	Common Stock	S	2777	$307.922	Disposed	364731	Indirect
2020-09-02	Common Stock	S	1300	$308.81	Disposed	363431	Indirect
2020-09-02	Common Stock	S	200	$310.135	Disposed	363231	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	229128	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 $301.50 to $302.47, 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 general partner of JCY Holdings, LP ("JCY Holdings") is JCY General LLC ("JCY General") and the limited partners of JCY Holdings are the reporting person and his spouse. Each of the reporting person and his spouse owns 50% of the membership interests of JCY General.

F4: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $302.50 to $303.47, 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 $303.50 to $304.49, 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 $304.50 to $305.49, 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 $305.50 to $306.46, 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 $306.50 to $307.49, 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 $307.50 to $308.34, 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 $308.51 to $309.14, 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 $310.06 to $310.21, 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: Includes 64,000 unvested shares of restricted stock.