Paycom Software, Inc. — Director's Dealing 2020

Jun 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Paycom Software, Inc. (PAYC)
CIK: 0001590955
Period of Report: 2020-06-01

Reporting Person: Smith Bradley Scott (Chief Information Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-29	Common Stock	G	3905	$0.00	Disposed	25928	Direct
2020-05-29	Common Stock	G	3905	$0.00	Acquired	29827	Indirect
2020-06-01	Common Stock	S	700	$296.839	Disposed	29127	Indirect
2020-06-01	Common Stock	S	600	$297.97	Disposed	28527	Indirect
2020-06-01	Common Stock	S	115	$298.924	Disposed	28412	Indirect
2020-06-01	Common Stock	S	400	$300.435	Disposed	28012	Indirect
2020-06-01	Common Stock	S	500	$301.398	Disposed	27512	Indirect
2020-06-01	Common Stock	S	1200	$302.835	Disposed	26312	Indirect
2020-06-01	Common Stock	S	800	$303.811	Disposed	25512	Indirect
2020-06-01	Common Stock	S	1200	$305.362	Disposed	24312	Indirect
2020-06-01	Common Stock	S	1419	$306.299	Disposed	22893	Indirect
2020-06-01	Common Stock	S	1965	$307.292	Disposed	20928	Indirect
2020-06-01	Common Stock	S	1100	$308.353	Disposed	19828	Indirect
2020-06-01	Common Stock	S	1	$309.14	Disposed	19827	Indirect

Footnotes

F1: This transaction involved a gift of securities by the reporting person to The Bradley Scott Smith Revocable Trust, dated October 30, 2017 (the "Bradley Scott Smith Revocable Trust").

F2: Includes 25,326 unvested 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 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 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.

F5: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $296.51 to $297.23, 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.

F6: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $297.67 to $298.30, 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 $298.67 to $299.39, 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 $300.11 to $300.71, 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 $301.11 to $301.91, 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 $302.42 to $303.38, 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 $303.50 to $304.37, 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 $304.76 to $305.71, 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 $305.86 to $306.74, 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 $306.92 to $307.87, 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 $307.94 to $308.81, 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.