Bradley Scott Smith - 12 Jul 2021 Form 4 Insider Report for Paycom Software, Inc. (PAYC)

Signature
/s/ Bradley Scott Smith
Issuer symbol
PAYC
Transactions as of
12 Jul 2021
Net transactions value
-$1,134,719
Form type
4
Filing time
14 Jul 2021, 16:15:33 UTC
Previous filing
12 May 2021
Next filing
14 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYC Common Stock Sale $150,488 -400 -1.9% $376.22 20,326 12 Jul 2021 By Bradley Scott Smith Revocable Trust, dated October 30, 2017 F1, F2, F3
transaction PAYC Common Stock Sale $461,181 -1,223 -6% $377.09 19,103 12 Jul 2021 By Bradley Scott Smith Revocable Trust, dated October 30, 2017 F1, F3, F4
transaction PAYC Common Stock Sale $331,576 -877 -4.6% $378.08 18,226 12 Jul 2021 By Bradley Scott Smith Revocable Trust, dated October 30, 2017 F1, F3, F5
transaction PAYC Common Stock Sale $37,871 -100 -0.55% $378.71 18,126 12 Jul 2021 By Bradley Scott Smith Revocable Trust, dated October 30, 2017 F1, F3
transaction PAYC Common Stock Sale $38,022 -100 -0.55% $380.22 18,026 12 Jul 2021 By Bradley Scott Smith Revocable Trust, dated October 30, 2017 F1, F3, F6
transaction PAYC Common Stock Sale $38,380 -100 -0.55% $383.80 17,926 12 Jul 2021 By Bradley Scott Smith Revocable Trust, dated October 30, 2017 F1, F3
transaction PAYC Common Stock Sale $38,500 -100 -0.56% $385.00 17,826 12 Jul 2021 By Bradley Scott Smith Revocable Trust, dated October 30, 2017 F1, F3
transaction PAYC Common Stock Sale $38,701 -100 -0.56% $387.01 17,726 12 Jul 2021 By Bradley Scott Smith Revocable Trust, dated October 30, 2017 F1, F3
holding PAYC Common Stock 14,518 12 Jul 2021 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2021.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $375.62 to $376.58, 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 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.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $376.67 to $377.65, 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 $377.67 to $378.64, 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 $380.15 to $380.39, 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.
F7 Includes 11,063 unvested shares of restricted stock.