E. Saunders McClendon - 15 Jul 2022 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
VP, Chief Human Resources Offi
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Issuer symbol
PAYX
Transactions as of
15 Jul 2022
Net transactions value
+$955,535
Form type
4
Filing time
19 Jul 2022, 14:50:54 UTC
Previous filing
18 Apr 2022
Next filing
17 Apr 2023
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 $22,770 -198 -6.6% $115.00 2,796 15 Jul 2022 Direct F1
transaction PAYX Common Stock Award $0 +1,348 +48% $0.000000 4,144 15 Jul 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 $978,305 +8,507 $115.00 8,507 15 Jul 2022 Common Stock 8,507 $115.00 Direct
holding PAYX Stock Option 7,585 15 Jul 2022 Common Stock 7,585 $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.
F2 Award of restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.