Bradley Scott Smith - May 6, 2021 Form 4 Insider Report for Paycom Software, Inc. (PAYC)

Signature
/s/ Bradley Scott Smith
Stock symbol
PAYC
Transactions as of
May 6, 2021
Transactions value $
-$194,000
Form type
4
Date filed
5/10/2021, 04:58 PM
Next filing
May 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYC Common Stock Gift $0 -847 -4.82% $0.00 16.7K Apr 26, 2021 Direct F1, F2
transaction PAYC Common Stock Gift $0 +847 +4.26% $0.00 20.7K Apr 26, 2021 By Bradley Scott Smith Revocable Trust, dated October 30, 2017 F1, F3
transaction PAYC Common Stock Tax liability -$194K -593 -3.54% $327.15 16.1K May 6, 2021 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 16,126 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 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 1,423 shares of restricted stock granted to the reporting person on January 26, 2018. No shares were issued or sold in this transaction.
F5 Includes 14,703 unvested shares of restricted stock.