Bradley Scott Smith - May 9, 2022 Form 4 Insider Report for Paycom Software, Inc. (PAYC)

Signature
/s/ Bradley Scott Smith
Stock symbol
PAYC
Transactions as of
May 9, 2022
Transactions value $
-$123,350
Form type
4
Date filed
5/11/2022, 04:05 PM
Previous filing
Feb 8, 2022
Next filing
May 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYC Common Stock Sale -$123K -440 -7.77% $280.34 5.23K May 9, 2022 Direct F1, F2, F3
holding PAYC Common Stock 22.7K May 9, 2022 By Bradley Scott Smith Revocable Trust, dated October 30, 2017 F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold to cover tax withholding obligations in connection with the vesting of restricted stock.
F2 The price reported is a weighted average price. These shares were sold as part of block trades for multiple security holders of Paycom Software, Inc. (the "Issuer") in multiple transactions at prices ranging from $273.39 to $287.29, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold in the block trades at each separate price within the range set forth in this footnote.
F3 Includes 3,640 unvested shares of restricted stock.
F4 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.