Robert L. Schrader - Jul 15, 2024 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
Sr. VP, CFO
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Stock symbol
PAYX
Transactions as of
Jul 15, 2024
Transactions value $
$2,006,652
Form type
4
Date filed
7/17/2024, 04:00 PM
Previous filing
Jul 3, 2024
Next filing
Oct 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Tax liability -$222K -1.82K -13.73% $121.63 11.5K Jul 15, 2024 Direct F1
transaction PAYX Common Stock Award $0 +2.47K +21.53% $0.00 13.9K Jul 15, 2024 Direct F2
transaction PAYX Common Stock Award $0 +3.22K +23.09% $0.00 17.1K Jul 15, 2024 Direct F3
holding PAYX Common Stock 315 Jul 15, 2024 401(k)

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
transaction PAYX Stock Option Award $2.23M +18.3K $121.63 18.3K Jul 15, 2024 Common Stock 18.3K $121.63 Direct
holding PAYX Stock Option 13K Jul 15, 2024 Common Stock 13K $85.46 Direct
holding PAYX Stock Option 16.5K Jul 15, 2024 Common Stock 16.5K $73.53 Direct
holding PAYX Stock Option 9.1K Jul 15, 2024 Common Stock 9.1K $112.67 Direct
holding PAYX Stock Option 7.68K Jul 15, 2024 Common Stock 7.68K $115.00 Direct
holding PAYX Stock Option 8.85K Jul 15, 2024 Common Stock 8.85K $120.86 Direct
holding PAYX Stock Option 4.24K Jul 15, 2024 Common Stock 4.24K $117.98 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock / restricted stock units.
F2 Award of restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
F3 Award of restricted stock, subject to vesting, pursuant to the performance award under the Amended and Restated 2002 Stock Incentive Plan.