MARTIN MUCCI - 15 Jul 2022 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
Chairman and CEO, Director
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Issuer symbol
PAYX
Transactions as of
15 Jul 2022
Net transactions value
+$7,581,030
Form type
4
Filing time
19 Jul 2022, 14:49:10 UTC
Previous filing
12 Jul 2022
Next filing
18 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 $1,413,235 -12,289 -2.9% $115.00 408,246 15 Jul 2022 Direct F1
transaction PAYX Common Stock Award $0 +12,391 +3% $0.000000 420,637 15 Jul 2022 Direct F2
holding PAYX Common Stock 4,719 15 Jul 2022 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
transaction PAYX Stock Option Award $8,994,265 +78,211 $115.00 78,211 15 Jul 2022 Common Stock 78,211 $115.00 Direct
holding PAYX Stock Option 195,313 15 Jul 2022 Common Stock 195,313 $41.70 Direct
holding PAYX Stock Option 206,801 15 Jul 2022 Common Stock 206,801 $47.32 Direct
holding PAYX Stock Option 208,590 15 Jul 2022 Common Stock 208,590 $60.84 Direct
holding PAYX Stock Option 226,636 15 Jul 2022 Common Stock 226,636 $60.84 Direct
holding PAYX Stock Option 214,482 15 Jul 2022 Common Stock 214,482 $57.24 Direct
holding PAYX Stock Option 179,191 15 Jul 2022 Common Stock 179,191 $69.54 Direct
holding PAYX Stock Option 195,228 15 Jul 2022 Common Stock 195,228 $85.46 Direct
holding PAYX Stock Option 195,428 15 Jul 2022 Common Stock 195,428 $73.53 Direct
holding PAYX Stock Option 108,086 15 Jul 2022 Common Stock 108,086 $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.