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

Role
Sr. VP, CFO
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Issuer symbol
PAYX
Transactions as of
15 Jul 2024
Net transactions value
+$2,006,652
Form type
4
Filing time
17 Jul 2024, 16:00:06 UTC
Previous filing
03 Jul 2024
Next filing
17 Oct 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Tax liability $221,853 -1,824 -14% $121.63 11,456 15 Jul 2024 Direct F1
transaction PAYX Common Stock Award $0 +2,466 +22% $0.000000 13,922 15 Jul 2024 Direct F2
transaction PAYX Common Stock Award $0 +3,215 +23% $0.000000 17,137 15 Jul 2024 Direct F3
holding PAYX Common Stock 315 15 Jul 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 $2,228,505 +18,322 $121.63 18,322 15 Jul 2024 Common Stock 18,322 $121.63 Direct
holding PAYX Stock Option 13,015 15 Jul 2024 Common Stock 13,015 $85.46 Direct
holding PAYX Stock Option 16,519 15 Jul 2024 Common Stock 16,519 $73.53 Direct
holding PAYX Stock Option 9,102 15 Jul 2024 Common Stock 9,102 $112.67 Direct
holding PAYX Stock Option 7,684 15 Jul 2024 Common Stock 7,684 $115.00 Direct
holding PAYX Stock Option 8,846 15 Jul 2024 Common Stock 8,846 $120.86 Direct
holding PAYX Stock Option 4,237 15 Jul 2024 Common Stock 4,237 $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.