Robert L. Schrader - Jul 15, 2022 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
VP/Controller
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Stock symbol
PAYX
Transactions as of
Jul 15, 2022
Transactions value $
$793,615
Form type
4
Date filed
7/19/2022, 02:52 PM
Previous filing
Jul 12, 2022
Next filing
Aug 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Sale -$90K -783 -8.72% $115.00 8.2K Jul 15, 2022 Direct F1
transaction PAYX Common Stock Award $0 +1.22K +14.84% $0.00 9.42K Jul 15, 2022 Direct F2
holding PAYX Common Stock 297 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 $884K +7.68K $115.00 7.68K Jul 15, 2022 Common Stock 7.68K $115.00 Direct
holding PAYX Stock Option 13K Jul 15, 2022 Common Stock 13K $85.46 Direct
holding PAYX Stock Option 16.5K Jul 15, 2022 Common Stock 16.5K $73.53 Direct
holding PAYX Stock Option 9.1K Jul 15, 2022 Common Stock 9.1K $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.
F2 Award of restricted stock units, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.