Michael E. Gioja - 15 Jul 2022 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
Sr. Vice President
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Issuer symbol
PAYX
Transactions as of
15 Jul 2022
Net transactions value
+$1,848,510
Form type
4
Filing time
19 Jul 2022, 14:48:06 UTC
Previous filing
12 Jul 2022
Next filing
24 Oct 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 Sale $297,505 -2,587 -5.5% $115.00 44,526 15 Jul 2022 Direct F1
transaction PAYX Common Stock Award $0 +2,957 +6.6% $0.000000 47,483 15 Jul 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 $2,146,015 +18,661 $115.00 18,661 15 Jul 2022 Common Stock 18,661 $115.00 Direct
holding PAYX Stock Option 41,329 15 Jul 2022 Common Stock 41,329 $60.84 Direct
holding PAYX Stock Option 40,068 15 Jul 2022 Common Stock 40,068 $60.84 Direct
holding PAYX Stock Option 41,159 15 Jul 2022 Common Stock 41,159 $57.24 Direct
holding PAYX Stock Option 31,653 15 Jul 2022 Common Stock 31,653 $69.54 Direct
holding PAYX Stock Option 34,165 15 Jul 2022 Common Stock 34,165 $85.46 Direct
holding PAYX Stock Option 39,823 15 Jul 2022 Common Stock 39,823 $73.53 Direct
holding PAYX Stock Option 24,272 15 Jul 2022 Common Stock 24,272 $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.
F2 Award of restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.