Martin Mucci - Jul 15, 2021 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
CEO & President, Director
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Stock symbol
PAYX
Transactions as of
Jul 15, 2021
Transactions value $
$564,311
Form type
4
Date filed
7/19/2021, 04:06 PM
Previous filing
Jul 12, 2021
Next filing
Aug 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Award $0 +23.4K +6.04% $0.00 410K Jul 15, 2021 Direct F1
transaction PAYX Common Stock Award $0 +44.5K +10.85% $0.00 455K Jul 15, 2021 Direct F2
transaction PAYX Common Stock Sale -$1.07M -9.52K -2.09% $112.67 445K Jul 15, 2021 Direct F3
transaction PAYX Common Stock Options Exercise $1.58M +49.9K +11.2% $31.65 495K Jul 16, 2021 Direct
transaction PAYX Common Stock Sale -$5.61M -49.9K -10.07% $112.55 445K Jul 16, 2021 Direct
transaction PAYX Common Stock Options Exercise $3.38M +87.8K +19.72% $38.48 533K Jul 16, 2021 Direct
transaction PAYX Common Stock Sale -$9.89M -87.8K -16.47% $112.55 445K Jul 16, 2021 Direct
holding PAYX Common Stock 4.64K Jul 15, 2021 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 Options Exercise $0 -49.9K -100% $0.00* 0 Jul 16, 2021 Common Stock 49.9K $31.65 Direct
transaction PAYX Stock Option Options Exercise $0 -87.8K -36.93% $0.00 150K Jul 16, 2021 Common Stock 87.8K $38.48 Direct
transaction PAYX Stock Option Award $12.2M +108K $112.67 108K Jul 15, 2021 Common Stock 108K $112.67 Direct
holding PAYX Stock Option 195K Jul 15, 2021 Common Stock 195K $41.70 Direct
holding PAYX Stock Option 207K Jul 15, 2021 Common Stock 207K $47.32 Direct
holding PAYX Stock Option 209K Jul 15, 2021 Common Stock 209K $60.84 Direct
holding PAYX Stock Option 227K Jul 15, 2021 Common Stock 227K $60.84 Direct
holding PAYX Stock Option 214K Jul 15, 2021 Common Stock 214K $57.24 Direct
holding PAYX Stock Option 179K Jul 15, 2021 Common Stock 179K $69.54 Direct
holding PAYX Stock Option 195K Jul 15, 2021 Common Stock 195K $85.46 Direct
holding PAYX Stock Option 195K Jul 15, 2021 Common Stock 195K $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 units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
F2 Award of restricted stock units, 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 units.