| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PAYC | Common Stock | Sale | -$2.65M | -9.61K | -0.2% | $275.24 | 4.73M | May 11, 2022 | Direct | F1, F2, F3 |
| holding | PAYC | Common Stock | 3.67M | May 11, 2022 | By Ernest Group, Inc. | F4 | |||||
| holding | PAYC | Common Stock | 56 | May 11, 2022 | By Abrie R. Richison 2012 Irrevocable Trust U/T/A DTD 12/21/2012 | F5 | |||||
| holding | PAYC | Common Stock | 125 | May 11, 2022 | By Ava L. Richison 2012 Irrevocable Trust U/T/A DTD 12/21/2012 | F6 | |||||
| holding | PAYC | Common Stock | 125 | May 11, 2022 | By Ian D. Richison 2012 Irrevocable Trust U/T/A DTD 12/21/2012 | F7 |
| 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 $266.79 to $285.92, 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 1,610,000 unvested shares of restricted stock. |
| F4 | Represents shares of common stock owned by Ernest Group, Inc. ("Ernest Group"). The reporting person is the sole director of Ernest Group and Ernest Group is wholly owned by the reporting person and certain trusts for the reporting person's children, for which the reporting person serves as trustee. The reporting person may be deemed to beneficially own the shares of common stock owned by Ernest Group. |
| F5 | Represents shares of common stock owned by the Abrie R. Richison 2012 Irrevocable Trust U/T/A DTD 12/21/2012 (the "Abrie R. Richison 2012 Irrevocable Trust"). The reporting person is the settlor and sole trustee for the Abrie R. Richison 2012 Irrevocable Trust, which is for the benefit of the reporting person's child. The reporting person may be deemed to beneficially own the shares of common stock owned by the Abrie R. Richison 2012 Irrevocable Trust. |
| F6 | Represents shares of common stock owned by the Ava L. Richison 2012 Irrevocable Trust U/T/A DTD 12/21/2012 (the "Ava L. Richison 2012 Irrevocable Trust"). The reporting person is the settlor and sole trustee for the Ava L. Richison 2012 Irrevocable Trust, which is for the benefit of the reporting person's child. The reporting person may be deemed to beneficially own the shares of common stock owned by the Ava L. Richison 2012 Irrevocable Trust. |
| F7 | Represents shares of common stock owned by the Ian D. Richison 2012 Irrevocable Trust U/T/A DTD 12/21/2012 (the "Ian D. Richison 2012 Irrevocable Trust"). The reporting person is the settlor and sole trustee for the Ian D. Richison 2012 Irrevocable Trust, which is for the benefit of the reporting person's child. The reporting person may be deemed to beneficially own the shares of common stock owned by the Ian D. Richison 2012 Irrevocable Trust. |