SEC Form 4 · accession 0000899243-19-006093
Paycom Software, Inc. · PAYC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley Scott Smith
Officer — Chief Information Officer
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 4:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001590955
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3,F4 | Mar 1, 2019 | S | 600 | $180.4917 | D | 22,994 | I | By Bradley Scott Smith Revocable Trust, dated October 30, 2017 |
| Common StockF5,F4 | Mar 1, 2019 | S | 1,326 | $181.5029 | D | 21,668 | I | By Bradley Scott Smith Revocable Trust, dated October 30, 2017 |
| Common StockF6,F4 | Mar 1, 2019 | S | 574 | $182.3738 | D | 21,094 | I | By Bradley Scott Smith Revocable Trust, dated October 30, 2017 |
| Common StockF4 | Mar 1, 2019 | S | 100 | $183.28 | D | 20,994 | I | By Bradley Scott Smith Revocable Trust, dated October 30, 2017 |
| Common StockF1 | holding | — | — | — | 31,693 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 26,287 unvested shares of restricted stock.
- F2The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 24, 2018.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.09 to $180.96, inclusive. The reporting person undertakes to provide to Paycom Software, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4The 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 the Issuer's 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.
- F5The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $181.09 to $182.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $182.18 to $183.04, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.