John B. Gibson - Jul 15, 2021 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
Sr. VP, Service
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Stock symbol
PAYX
Transactions as of
Jul 15, 2021
Transactions value $
$2,772,358
Form type
4
Date filed
7/19/2021, 04:01 PM
Previous filing
Jul 12, 2021
Next filing
Jul 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Award $0 +5.74K +14.42% $0.00 45.6K Jul 15, 2021 Direct F1
transaction PAYX Common Stock Award $0 +7.79K +17.1% $0.00 53.4K Jul 15, 2021 Direct F2
transaction PAYX Common Stock Sale -$219K -1.94K -3.64% $112.67 51.4K Jul 15, 2021 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 $2.99M +26.5K $112.67 26.5K Jul 15, 2021 Common Stock 26.5K $112.67 Direct
holding PAYX Stock Option 31.7K Jul 15, 2021 Common Stock 31.7K $69.54 Direct
holding PAYX Stock Option 34.2K Jul 15, 2021 Common Stock 34.2K $85.46 Direct
holding PAYX Stock Option 39.8K Jul 15, 2021 Common Stock 39.8K $73.53 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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