Christopher C. Simmons - 15 Jul 2024 Form 4 Insider Report for PAYCHEX INC (PAYX)

Signature
Stephanie L. Schaeffer, Attorney-in-fact
Issuer symbol
PAYX
Transactions as of
15 Jul 2024
Transactions value $
$848,734
Form type
4
Date filed
17 Jul 2024, 16:00
Previous filing
17 Oct 2023
Next filing
19 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Tax liability -$20.3K -167 -3.25% $121.63 4.97K 15 Jul 2024 Direct F1
transaction PAYX Common Stock Award $0 +1.07K +21.52% $0.00 6.04K 15 Jul 2024 Direct F2
transaction PAYX Common Stock Award $0 +1.84K +30.43% $0.00 7.87K 15 Jul 2024 Direct F3

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 $869K +7.15K $121.63 7.15K 15 Jul 2024 Common Stock 7.15K $121.63 Direct
holding PAYX Stock Option 4.39K 15 Jul 2024 Common Stock 4.39K $115.00 Direct
holding PAYX Stock Option 4.59K 15 Jul 2024 Common Stock 4.59K $120.86 Direct
holding PAYX Stock Option 1.96K 15 Jul 2024 Common Stock 1.96K $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 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 units, subject to vesting, pursuant to the performance award under the Amended and Restated 2002 Stock Incentive Plan.