EFRAIN RIVERA - 15 Jul 2022 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
Sr. Vice President, CFO
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Issuer symbol
PAYX
Transactions as of
15 Jul 2022
Net transactions value
+$202,940
Form type
4
Filing time
19 Jul 2022, 14:50:05 UTC
Previous filing
12 Jul 2022
Next filing
04 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 $356,845 -3,103 -3.6% $115.00 82,640 15 Jul 2022 Direct F1
transaction PAYX Common Stock Award $0 +3,391 +4.1% $0.000000 86,031 15 Jul 2022 Direct F2
transaction PAYX Common Stock Options Exercise $1,251,305 +14,642 +17% $85.46 100,673 18 Jul 2022 Direct
transaction PAYX Common Stock Sale $1,700,815 -14,642 -15% $116.16 86,031 18 Jul 2022 Direct
transaction PAYX Common Stock Options Exercise $1,192,951 +16,224 +19% $73.53 102,255 18 Jul 2022 Direct
transaction PAYX Common Stock Sale $1,883,769 -16,224 -16% $116.11 86,031 18 Jul 2022 Direct
transaction PAYX Common Stock Sale $761,463 -6,458 -7.5% $117.91 79,573 19 Jul 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 -14,642 -100% $0.000000* 0 18 Jul 2022 Common Stock 14,642 $85.46 Direct
transaction PAYX Stock Option Options Exercise $0 -16,224 -50% $0.000000 16,224 18 Jul 2022 Common Stock 16,224 $73.53 Direct
transaction PAYX Stock Option Award $2,461,575 +21,405 $115.00 21,405 15 Jul 2022 Common Stock 21,405 $115.00 Direct
holding PAYX Stock Option 28,064 15 Jul 2022 Common Stock 28,064 $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.