John B. Gibson - 08 Jul 2022 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role: President and COO
Signature: Stephanie L. Schaeffer, Attorney-in-fact
Issuer symbol: PAYX
Transactions as of: 08 Jul 2022
Net transactions value: -$488,998
Form type: 4
Filing time: 12 Jul 2022, 15:12:54 UTC
Previous filing: 19 Jul 2021
Next filing: 19 Jul 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PAYX	Common Stock	Gift	$123,180	-1,000	-1.9%	$123.18	50,419	26 Oct 2021	Direct	F1
transaction	PAYX	Common Stock	Award	$0	+1,400	+2.8%	$0.000000	51,819	15 Jan 2022	Direct	F2
transaction	PAYX	Common Stock	Sale	$365,818	-3,132	-6%	$116.80	48,687	08 Jul 2022	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
holding	PAYX	Stock Option						34,165	08 Jul 2022	Common Stock	34,165	$85.46	Direct
holding	PAYX	Stock Option						31,653	08 Jul 2022	Common Stock	31,653	$69.54	Direct
holding	PAYX	Stock Option						39,823	08 Jul 2022	Common Stock	39,823	$73.53	Direct
holding	PAYX	Stock Option						26,547	08 Jul 2022	Common Stock	26,547	$112.67	Direct
holding	PAYX	Stock Option						2,972	08 Jul 2022	Common Stock	2,972	$125.00	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares were gifted to the Alpha Sigma Phi Foundation.
F2	Administrative correction and award of restricted stock, subject to vesting, pursuant to 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.