Robert L. Schrader - 01 Aug 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: 01 Aug 2021
Net transactions value: -$78,081
Form type: 4
Filing time: 02 Aug 2021, 15:56:43 UTC
Previous filing: 19 Jul 2021
Next filing: 03 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	Sale	$78,081	-686	-5.2%	$113.82	12,411	01 Aug 2021	Direct	F1
holding	PAYX	Common Stock						292	01 Aug 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
holding	PAYX	Stock Option						13,015	01 Aug 2021	Common Stock	13,015	$85.46	Direct
holding	PAYX	Stock Option						16,519	01 Aug 2021	Common Stock	16,519	$73.53	Direct
holding	PAYX	Stock Option						9,102	01 Aug 2021	Common Stock	9,102	$112.67	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 units.