Michael E. Gioja - 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 $
$1,785,285
Form type
4
Filing time
17 Jul 2024, 16:00:11 UTC
Previous filing
31 May 2024
Next filing
30 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Tax liability -$755,200 -6,209 -39.47% $121.63 9,522 15 Jul 2024 Direct F1
transaction PAYX Common Stock Award $0 +3,124 +32.81% $0 12,646 15 Jul 2024 Direct F2
transaction PAYX Common Stock Award $0 +7,808 +61.74% $0 20,454 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 $2,540,485 +20,887 $121.63 20,887 15 Jul 2024 Common Stock 20,887 $121.63 Direct
holding PAYX Stock Option 41,159 15 Jul 2024 Common Stock 41,159 $57.24 Direct
holding PAYX Stock Option 31,653 15 Jul 2024 Common Stock 31,653 $69.54 Direct
holding PAYX Stock Option 34,165 15 Jul 2024 Common Stock 34,165 $85.46 Direct
holding PAYX Stock Option 39,823 15 Jul 2024 Common Stock 39,823 $73.53 Direct
holding PAYX Stock Option 8,091 15 Jul 2024 Common Stock 8,091 $112.67 Direct
holding PAYX Stock Option 12,441 15 Jul 2024 Common Stock 12,441 $115 Direct
holding PAYX Stock Option 21,010 15 Jul 2024 Common Stock 21,010 $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.