Efrain Rivera - Jul 15, 2022 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
Sr. Vice President, CFO
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Stock symbol
PAYX
Transactions as of
Jul 15, 2022
Transactions value $
$202,940
Form type
4
Date filed
7/19/2022, 02:50 PM
Previous filing
Jul 12, 2022
Next filing
Oct 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Sale -$357K -3.1K -3.62% $115.00 82.6K Jul 15, 2022 Direct F1
transaction PAYX Common Stock Award $0 +3.39K +4.1% $0.00 86K Jul 15, 2022 Direct F2
transaction PAYX Common Stock Options Exercise $1.25M +14.6K +17.02% $85.46 101K Jul 18, 2022 Direct
transaction PAYX Common Stock Sale -$1.7M -14.6K -14.54% $116.16 86K Jul 18, 2022 Direct
transaction PAYX Common Stock Options Exercise $1.19M +16.2K +18.86% $73.53 102K Jul 18, 2022 Direct
transaction PAYX Common Stock Sale -$1.88M -16.2K -15.87% $116.11 86K Jul 18, 2022 Direct
transaction PAYX Common Stock Sale -$761K -6.46K -7.51% $117.91 79.6K Jul 19, 2022 Direct

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 Options Exercise $0 -14.6K -100% $0.00* 0 Jul 18, 2022 Common Stock 14.6K $85.46 Direct
transaction PAYX Stock Option Options Exercise $0 -16.2K -50% $0.00 16.2K Jul 18, 2022 Common Stock 16.2K $73.53 Direct
transaction PAYX Stock Option Award $2.46M +21.4K $115.00 21.4K Jul 15, 2022 Common Stock 21.4K $115.00 Direct
holding PAYX Stock Option 28.1K Jul 15, 2022 Common Stock 28.1K $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.