Stephanie L. Schaeffer - 15 Jul 2022 Form 4 Insider Report for PAYCHEX INC (PAYX)

Signature
Stephanie L. Schaeffer
Issuer symbol
PAYX
Transactions as of
15 Jul 2022
Net transactions value
+$832,830
Form type
4
Filing time
19 Jul 2022, 14:51:57 UTC
Previous filing
12 Jul 2022
Next filing
18 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Sale $145,475 -1,265 -1.9% $115.00 65,069 15 Jul 2022 Direct F1
transaction PAYX Common Stock Award $0 +1,348 +2.1% $0.000000 66,417 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 20,579 15 Jul 2022 Common Stock 20,579 $57.24 Direct
holding PAYX Stock Option 15,826 15 Jul 2022 Common Stock 15,826 $69.54 Direct
holding PAYX Stock Option 17,896 15 Jul 2022 Common Stock 17,896 $85.46 Direct
holding PAYX Stock Option 20,944 15 Jul 2022 Common Stock 20,944 $73.53 Direct
holding PAYX Stock Option 11,377 15 Jul 2022 Common Stock 11,377 $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.