Robert L. Schrader - 15 Jul 2021 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
VP/Controller
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Issuer symbol
PAYX
Transactions as of
15 Jul 2021
Net transactions value
+$960,399
Form type
4
Filing time
19 Jul 2021, 16:12:36 UTC
Previous filing
12 Jul 2021
Next filing
02 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Award $0 +1,968 +23% $0.000000 10,706 15 Jul 2021 Direct F1
transaction PAYX Common Stock Award $0 +2,969 +28% $0.000000 13,675 15 Jul 2021 Direct F2
transaction PAYX Common Stock Sale $65,123 -578 -4.2% $112.67 13,097 15 Jul 2021 Direct F3
holding PAYX Common Stock 292 15 Jul 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 Award $1,025,522 +9,102 $112.67 9,102 15 Jul 2021 Common Stock 9,102 $112.67 Direct
holding PAYX Stock Option 13,015 15 Jul 2021 Common Stock 13,015 $85.46 Direct
holding PAYX Stock Option 16,519 15 Jul 2021 Common Stock 16,519 $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.