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

Role: Director
Signature: Stephanie L. Schaeffer, Attorney-in-fact
Issuer symbol: PAYX
Transactions as of: 23 Nov 2022
Net transactions value: +$81,546
Form type: 4
Filing time: 08 Mar 2024, 16:00:09 UTC
Previous filing: 11 Oct 2022
Next filing: 17 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PAYX	Common Stock - Family Trust	Purchase	$4,566	+39	+0.64%	$116.24	6,148	23 Nov 2022	Katherine S. Flaschen Irrevocable Trust
transaction	PAYX	Common Stock - Family Trust	Purchase	$4,857	+44	+0.71%	$111.04	6,192	23 Feb 2023	Katherine S. Flaschen Irrevocable Trust
transaction	PAYX	Common Stock - Family Trust	Purchase	$5,511	+51	+0.83%	$107.57	6,243	25 May 2023	Katherine S. Flaschen Irrevocable Trust
transaction	PAYX	Common Stock - Family Trust	Purchase	$5,556	+45	+0.73%	$122.31	6,289	24 Aug 2023	Katherine S. Flaschen Irrevocable Trust
transaction	PAYX	Common Stock - Family Trust	Purchase	$5,597	+47	+0.75%	$119.13	6,336	28 Nov 2023	Katherine S. Flaschen Irrevocable Trust	F1
transaction	PAYX	Common Stock - Family Trust	Purchase	$4,566	+39	+0.64%	$116.24	6,148	23 Nov 2022	The DJ Flaschen Irrevocable Trust
transaction	PAYX	Common Stock - Family Trust	Purchase	$4,857	+44	+0.71%	$111.04	6,192	23 Feb 2023	The DJ Flaschen Irrevocable Trust
transaction	PAYX	Common Stock - Family Trust	Purchase	$5,511	+51	+0.83%	$107.57	6,243	25 May 2023	The DJ Flaschen Irrevocable Trust
transaction	PAYX	Common Stock - Family Trust	Purchase	$5,556	+45	+0.73%	$122.31	6,289	24 Aug 2024	The DJ Flaschen Irrevocable Trust
transaction	PAYX	Common Stock - Family Trust	Purchase	$5,597	+47	+0.75%	$119.13	6,336	28 Nov 2023	The DJ Flaschen Irrevocable Trust	F1
transaction	PAYX	Common Stock - Family Trust	Purchase	$29,371	+247	+0.75%	$119.13	33,248	28 Nov 2023	Direct	F1
holding	PAYX	Common Stock						5,383	23 Nov 2022	Direct

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

Type	Sym	Class	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership
holding	PAYX	Stock Option	9,489	23 Nov 2022	Common Stock	9,489	$47.43	Direct
holding	PAYX	Stock Option	10,220	23 Nov 2022	Common Stock	10,220	$60.59	Direct
holding	PAYX	Stock Option	9,615	23 Nov 2022	Common Stock	9,615	$57.20	Direct
holding	PAYX	Stock Option	8,641	23 Nov 2022	Common Stock	8,641	$70.37	Direct
holding	PAYX	Stock Option	5,793	23 Nov 2022	Common Stock	5,793	$73.53	Direct
holding	PAYX	Stock Option	3,382	23 Nov 2022	Common Stock	3,382	$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.

Content

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.