Martin Mucci - 14 Jul 2023 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
Director, Chairman
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Issuer symbol
PAYX
Transactions as of
14 Jul 2023
Net transactions value
-$8,886,597
Form type
4
Filing time
17 Jul 2023, 15:55:52 UTC
Previous filing
04 May 2023
Next filing
31 Jul 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 Tax liability $1,513,530 -12,523 -3.1% $120.86 396,639 14 Jul 2023 Direct F1
transaction PAYX Common Stock Options Exercise $8,144,552 +195,313 +49% $41.70 591,952 14 Jul 2023 Direct
transaction PAYX Common Stock Sale $15,999,246 -132,851 -22% $120.43 459,101 14 Jul 2023 Direct
transaction PAYX Common Stock Award $0 +902 +0.2% $0.000000 460,003 15 Jul 2023 Direct F2
transaction PAYX Common Stock Award $0 +42,179 +9.2% $0.000000 502,182 15 Jul 2023 Direct F3
holding PAYX Common Stock 4,867 14 Jul 2023 401(k) F4

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 -195,313 -100% $0.000000* 0 14 Jul 2023 Common Stock 195,313 $41.70 Direct
transaction PAYX Stock Option Award $481,627 +3,985 $120.86 3,985 15 Jul 2023 Common Stock 3,985 $120.86 Direct
holding PAYX Stock Option 208,590 14 Jul 2023 Common Stock 208,590 $60.84 Direct
holding PAYX Stock Option 206,801 14 Jul 2023 Common Stock 206,801 $47.32 Direct
holding PAYX Stock Option 226,636 14 Jul 2023 Common Stock 226,636 $60.84 Direct
holding PAYX Stock Option 214,482 14 Jul 2023 Common Stock 214,482 $57.24 Direct
holding PAYX Stock Option 179,191 14 Jul 2023 Common Stock 179,191 $69.54 Direct
holding PAYX Stock Option 195,228 14 Jul 2023 Common Stock 195,228 $85.46 Direct
holding PAYX Stock Option 195,428 14 Jul 2023 Common Stock 195,428 $73.53 Direct
holding PAYX Stock Option 108,086 14 Jul 2023 Common Stock 108,086 $112.67 Direct
holding PAYX Stock Option 3,299 14 Jul 2023 Common Stock 3,299 $109.19 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.
F3 Award of restricted stock units, subject to vesting, pursuant to the performance award under the Amended and Restated 2002 Stock Incentive Plan.
F4 401(k) balance as of June 1, 2023.