Paycom Software, Inc. — Director's Dealing 2020

May 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Paycom Software, Inc. (PAYC)
CIK: 0001590955
Period of Report: 2020-05-10

Reporting Person: Smith Bradley Scott (Chief Information Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-10	Common Stock	F	1587	$272.03	Disposed	29833	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25922	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 (i) 1,200 shares of restricted stock granted to the reporting person on October 4, 2016, (ii) 875 shares of restricted stock granted to the reporting person on April 26, 2017 and (iii) 1,565 shares of restricted stock granted to the reporting person on January 17, 2019. No shares were issued or sold in this transaction.

F2: Includes 25,326 unvested shares of restricted stock.

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.