Michael E. Gioja - Jul 15, 2024 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
Sr. Vice President
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Stock symbol
PAYX
Transactions as of
Jul 15, 2024
Transactions value $
$1,785,285
Form type
4
Date filed
7/17/2024, 04:00 PM
Previous filing
May 31, 2024
Next filing
Aug 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Tax liability -$755K -6.21K -39.47% $121.63 9.52K Jul 15, 2024 Direct F1
transaction PAYX Common Stock Award $0 +3.12K +32.81% $0.00 12.6K Jul 15, 2024 Direct F2
transaction PAYX Common Stock Award $0 +7.81K +61.74% $0.00 20.5K Jul 15, 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 $2.54M +20.9K $121.63 20.9K Jul 15, 2024 Common Stock 20.9K $121.63 Direct
holding PAYX Stock Option 41.2K Jul 15, 2024 Common Stock 41.2K $57.24 Direct
holding PAYX Stock Option 31.7K Jul 15, 2024 Common Stock 31.7K $69.54 Direct
holding PAYX Stock Option 34.2K Jul 15, 2024 Common Stock 34.2K $85.46 Direct
holding PAYX Stock Option 39.8K Jul 15, 2024 Common Stock 39.8K $73.53 Direct
holding PAYX Stock Option 8.09K Jul 15, 2024 Common Stock 8.09K $112.67 Direct
holding PAYX Stock Option 12.4K Jul 15, 2024 Common Stock 12.4K $115.00 Direct
holding PAYX Stock Option 21K Jul 15, 2024 Common Stock 21K $120.86 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.