Bradley Scott Smith - Feb 5, 2024 Form 4 Insider Report for Paycom Software, Inc. (PAYC)

Signature
/s/ Bradley Scott Smith
Stock symbol
PAYC
Transactions as of
Feb 5, 2024
Transactions value $
-$514,515
Form type
4
Date filed
2/7/2024, 06:30 PM
Previous filing
May 4, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYC Common Stock Tax liability -$515K -2.65K -5.73% $194.23 43.6K Feb 5, 2024 Direct F1, F2
holding PAYC Common Stock 21.2K Feb 5, 2024 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 the following awards: (i) 7,000 shares of restricted stock granted to the reporting person on May 2, 2023; and (ii) 690 restricted stock units granted to the reporting person on May 2, 2023. No shares were issued or sold in this transaction.
F2 Includes 1,380 unvested restricted stock units and 33,000 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.