Bradley Scott Smith - Feb 6, 2023 Form 4 Insider Report for Paycom Software, Inc. (PAYC)

Role
Chief Information Officer
Signature
/s/ Bradley Scott Smith
Stock symbol
PAYC
Transactions as of
Feb 6, 2023
Transactions value $
-$85,719
Form type
4
Date filed
2/8/2023, 03:05 PM
Previous filing
Feb 1, 2023
Next filing
May 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYC Common Stock Award $0 +817 +22.69% $0.00 4.42K Feb 6, 2023 Direct F1
transaction PAYC Common Stock Tax liability -$85.7K -260 -5.89% $329.69 4.16K Feb 6, 2023 Direct F2
holding PAYC Common Stock 21.2K Feb 6, 2023 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") acquired by the reporting person upon the vesting of performance-based restricted stock units granted to the reporting person on February 10, 2021, under the Paycom Software, Inc. 2014 Long-Term Incentive Plan.
F2 Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of the performance-based restricted stock units described in footnote (1) above. No shares were issued or sold in this transaction.
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.