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

Role
VP/Controller
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Stock symbol
PAYX
Transactions as of
Jul 15, 2021
Transactions value $
$960,399
Form type
4
Date filed
7/19/2021, 04:12 PM
Previous filing
Jul 12, 2021
Next filing
Aug 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Award $0 +1.97K +22.52% $0.00 10.7K Jul 15, 2021 Direct F1
transaction PAYX Common Stock Award $0 +2.97K +27.73% $0.00 13.7K Jul 15, 2021 Direct F2
transaction PAYX Common Stock Sale -$65.1K -578 -4.23% $112.67 13.1K Jul 15, 2021 Direct F3
holding PAYX Common Stock 292 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 Award $1.03M +9.1K $112.67 9.1K Jul 15, 2021 Common Stock 9.1K $112.67 Direct
holding PAYX Stock Option 13K Jul 15, 2021 Common Stock 13K $85.46 Direct
holding PAYX Stock Option 16.5K Jul 15, 2021 Common Stock 16.5K $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.