Bradley Scott Smith - Feb 5, 2025 Form 4 Insider Report for Paycom Software, Inc. (PAYC)

Signature
/s/ Bradley Scott Smith
Stock symbol
PAYC
Transactions as of
Feb 5, 2025
Transactions value $
-$691,806
Form type
4
Date filed
2/7/2025, 04:22 PM
Previous filing
Aug 8, 2024
Next filing
Feb 12, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYC Common Stock Tax liability -$692K -3.36K -8.5% $206.14 36.1K Feb 5, 2025 Direct F1, F2, F3
transaction PAYC Common Stock Gift $0 -5.84K -16.16% $0.00 30.3K Feb 6, 2025 Direct F3
transaction PAYC Common Stock Gift $0 +5.84K +25% $0.00 29.2K Feb 6, 2025 By Bradley Scott Smith Revocable Trust, dated October 30, 2017 F3, F4
* 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; (ii) 690 restricted stock units granted to the reporting person on May 2, 2023; and (iii) 1,507 restricted stock units granted to the reporting person on March 1, 2024. No shares were sold in this transaction.
F2 Includes 3,705 unvested restricted stock units and 26,000 unvested shares of restricted stock.
F3 This amount has been updated to correct the allocation of shares between the reporting person's direct ownership and the ownership of the Bradley Scott Smith Revocable Trust, dated October 30, 2017 (the "Bradley Scott Smith Revocable Trust"). Specifically, the amount reported as owned by the Bradley Scott Smith Revocable Trust now includes 8,596 shares of common stock that were inadvertently reported as directly beneficially owned in prior reports. The total number of shares of common stock beneficially owned by the reporting person did not change as a result of this correction.
F4 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.