Martin Mucci - Jul 15, 2022 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
Chairman and CEO, Director
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Stock symbol
PAYX
Transactions as of
Jul 15, 2022
Transactions value $
$7,581,030
Form type
4
Date filed
7/19/2022, 02:49 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 -$1.41M -12.3K -2.92% $115.00 408K Jul 15, 2022 Direct F1
transaction PAYX Common Stock Award $0 +12.4K +3.04% $0.00 421K Jul 15, 2022 Direct F2
holding PAYX Common Stock 4.72K Jul 15, 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 $8.99M +78.2K $115.00 78.2K Jul 15, 2022 Common Stock 78.2K $115.00 Direct
holding PAYX Stock Option 195K Jul 15, 2022 Common Stock 195K $41.70 Direct
holding PAYX Stock Option 207K Jul 15, 2022 Common Stock 207K $47.32 Direct
holding PAYX Stock Option 209K Jul 15, 2022 Common Stock 209K $60.84 Direct
holding PAYX Stock Option 227K Jul 15, 2022 Common Stock 227K $60.84 Direct
holding PAYX Stock Option 214K Jul 15, 2022 Common Stock 214K $57.24 Direct
holding PAYX Stock Option 179K Jul 15, 2022 Common Stock 179K $69.54 Direct
holding PAYX Stock Option 195K Jul 15, 2022 Common Stock 195K $85.46 Direct
holding PAYX Stock Option 195K Jul 15, 2022 Common Stock 195K $73.53 Direct
holding PAYX Stock Option 108K Jul 15, 2022 Common Stock 108K $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.