Bradley Scott Smith - 10 May 2021 Form 4 Insider Report for Paycom Software, Inc. (PAYC)

Signature
/s/ Bradley Scott Smith
Issuer symbol
PAYC
Transactions as of
10 May 2021
Net transactions value
-$512,912
Form type
4
Filing time
12 May 2021, 16:15:44 UTC
Previous filing
10 May 2021
Next filing
14 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYC Common Stock Tax liability $512,912 -1,617 -10% $317.20 14,518 10 May 2021 Direct F1, F2
holding PAYC Common Stock 20,726 10 May 2021 By Bradley Scott Smith Revocable Trust, dated October 30, 2017 F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 11,063 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.