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

Role
Sr. Vice President
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Stock symbol
PAYX
Transactions as of
Jul 15, 2022
Transactions value $
$1,848,510
Form type
4
Date filed
7/19/2022, 02:48 PM
Previous filing
Jul 12, 2022
Next filing
Oct 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Sale -$298K -2.59K -5.49% $115.00 44.5K Jul 15, 2022 Direct F1
transaction PAYX Common Stock Award $0 +2.96K +6.64% $0.00 47.5K 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 $2.15M +18.7K $115.00 18.7K Jul 15, 2022 Common Stock 18.7K $115.00 Direct
holding PAYX Stock Option 41.3K Jul 15, 2022 Common Stock 41.3K $60.84 Direct
holding PAYX Stock Option 40.1K Jul 15, 2022 Common Stock 40.1K $60.84 Direct
holding PAYX Stock Option 41.2K Jul 15, 2022 Common Stock 41.2K $57.24 Direct
holding PAYX Stock Option 31.7K Jul 15, 2022 Common Stock 31.7K $69.54 Direct
holding PAYX Stock Option 34.2K Jul 15, 2022 Common Stock 34.2K $85.46 Direct
holding PAYX Stock Option 39.8K Jul 15, 2022 Common Stock 39.8K $73.53 Direct
holding PAYX Stock Option 24.3K Jul 15, 2022 Common Stock 24.3K $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.