John B. Gibson - Jul 15, 2022 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
President and COO
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Stock symbol
PAYX
Transactions as of
Jul 15, 2022
Transactions value $
$2,197,880
Form type
4
Date filed
7/19/2022, 02:46 PM
Previous filing
Jul 12, 2022
Next filing
Oct 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Sale -$327K -2.84K -5.84% $115.00 45.8K Jul 15, 2022 Direct F1
transaction PAYX Common Stock Award $0 +3.48K +7.59% $0.00 49.3K Jul 15, 2022 Direct F2

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 $2.52M +22K $115.00 22K Jul 15, 2022 Common Stock 22K $115.00 Direct
holding PAYX Stock Option 34.2K Jul 15, 2022 Common Stock 34.2K $85.46 Direct
holding PAYX Stock Option 31.7K Jul 15, 2022 Common Stock 31.7K $69.54 Direct
holding PAYX Stock Option 39.8K Jul 15, 2022 Common Stock 39.8K $73.53 Direct
holding PAYX Stock Option 26.5K Jul 15, 2022 Common Stock 26.5K $112.67 Direct
holding PAYX Stock Option 2.97K Jul 15, 2022 Common Stock 2.97K $125.00 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.
F2 Award of restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.