J. Flaschen David - Nov 23, 2022 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
Director
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Stock symbol
PAYX
Transactions as of
Nov 23, 2022
Transactions value $
$81,546
Form type
4
Date filed
3/8/2024, 04:00 PM
Previous filing
Oct 11, 2022
Next filing
Jul 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock - Family Trust Purchase $4.57K +39.3 +0.64% $116.24 6.15K Nov 23, 2022 Katherine S. Flaschen Irrevocable Trust
transaction PAYX Common Stock - Family Trust Purchase $4.86K +43.7 +0.71% $111.04 6.19K Feb 23, 2023 Katherine S. Flaschen Irrevocable Trust
transaction PAYX Common Stock - Family Trust Purchase $5.51K +51.2 +0.83% $107.57 6.24K May 25, 2023 Katherine S. Flaschen Irrevocable Trust
transaction PAYX Common Stock - Family Trust Purchase $5.56K +45.4 +0.73% $122.31 6.29K Aug 24, 2023 Katherine S. Flaschen Irrevocable Trust
transaction PAYX Common Stock - Family Trust Purchase $5.6K +47 +0.75% $119.13 6.34K Nov 28, 2023 Katherine S. Flaschen Irrevocable Trust F1
transaction PAYX Common Stock - Family Trust Purchase $4.57K +39.3 +0.64% $116.24 6.15K Nov 23, 2022 The DJ Flaschen Irrevocable Trust
transaction PAYX Common Stock - Family Trust Purchase $4.86K +43.7 +0.71% $111.04 6.19K Feb 23, 2023 The DJ Flaschen Irrevocable Trust
transaction PAYX Common Stock - Family Trust Purchase $5.51K +51.2 +0.83% $107.57 6.24K May 25, 2023 The DJ Flaschen Irrevocable Trust
transaction PAYX Common Stock - Family Trust Purchase $5.56K +45.4 +0.73% $122.31 6.29K Aug 24, 2024 The DJ Flaschen Irrevocable Trust
transaction PAYX Common Stock - Family Trust Purchase $5.6K +47 +0.75% $119.13 6.34K Nov 28, 2023 The DJ Flaschen Irrevocable Trust F1
transaction PAYX Common Stock - Family Trust Purchase $29.4K +247 +0.75% $119.13 33.2K Nov 28, 2023 Direct F1
holding PAYX Common Stock 5.38K Nov 23, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding PAYX Stock Option 9.49K Nov 23, 2022 Common Stock 9.49K $47.43 Direct
holding PAYX Stock Option 10.2K Nov 23, 2022 Common Stock 10.2K $60.59 Direct
holding PAYX Stock Option 9.62K Nov 23, 2022 Common Stock 9.62K $57.20 Direct
holding PAYX Stock Option 8.64K Nov 23, 2022 Common Stock 8.64K $70.37 Direct
holding PAYX Stock Option 5.79K Nov 23, 2022 Common Stock 5.79K $73.53 Direct
holding PAYX Stock Option 3.38K Nov 23, 2022 Common Stock 3.38K $120.86 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person's DRIP acquisitions of the issuer's common stock reported herein were inadvertently broker-initiated and any profit has been fully disgorged. These acquisitions are matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 340.496 shares, with the reporting person's purchase of: (i) 246.536 shares of the issuer's common stock at a price of $119.1343 per share on November 28, 2023 through the Flaschen Family Trust; (ii) 46.98 shares of the issuer's common stock at a price of $119.1343 per share on November 28, 2023 through the Katherine S. Flaschen Irrevocable Trust; and (iii) 46.98 shares of the issuer's common stock at a price of $119.1343 per share on November 28, 2023 through the DJ Flaschen Irrevocable Trust. The reporting person has paid the issuer $233.48, representing the full amount of the profit realized in connection with the short-swing transaction.