FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * LEVENSON ROBERT J   2. Issuer Name and Ticker or Trading Symbol Paycom Software, Inc. [PAYC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 7501 W. MEMORIAL ROAD 3. Date of Earliest Transaction (Month/Day/Year) 01/21/2015 (Street) OKLAHOMA CITY, OK 73142 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 01/21/2015   S(1)   64,000 D $ 22.5 251,373 (2) D   Common Stock               40,093 I By ELK Trust (2) (3) Common Stock               40,093 I By SLY Trust (2) (4) Common Stock 01/21/2015   S   20,000 D $ 22.5 62,186 I By Lenox Capital Group, LLC (2) (5)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
LEVENSON ROBERT J 7501 W. MEMORIAL ROAD OKLAHOMA CITY, OK 73142	X

Signatures

/s/ Robert J. Levenson		01/22/2015
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The sale of shares of common stock of Paycom Software, Inc. (the "Issuer") by the reporting person was matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") to the extent of 1,000 shares. The reporting person purchased 1,000 shares of common stock of the Issuer on September 9, 2014 at a price of $16.22 per share. The reporting person paid $4,930 to the Issuer, representing the full amount of the profit realized in connection with the short-swing transaction.
(2)	The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Exchange Act otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
(3)	This common stock is owned by the ELK II 2012 Descendants' Trust u/a dated December 26, 2012, or the ELK Trust, for which Mr. Levenson is the settlor of the trust.
(4)	This common stock is owned by the SLY II 2012 Descendants' Trust u/a dated December 26, 2012, or the SLY Trust, for which Mr. Levenson is the settlor of the trust.
(5)	This common stock is owned by Lenox Capital Group, LLC, for which Mr. Levenson is the managing member.

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