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

Role
Director, Chairman
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Stock symbol
PAYX
Transactions as of
Jul 14, 2023
Transactions value $
-$8,886,597
Form type
4
Date filed
7/17/2023, 03:55 PM
Previous filing
May 4, 2023
Next filing
Jul 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Tax liability -$1.51M -12.5K -3.06% $120.86 397K Jul 14, 2023 Direct F1
transaction PAYX Common Stock Options Exercise $8.14M +195K +49.24% $41.70 592K Jul 14, 2023 Direct
transaction PAYX Common Stock Sale -$16M -133K -22.44% $120.43 459K Jul 14, 2023 Direct
transaction PAYX Common Stock Award $0 +902 +0.2% $0.00 460K Jul 15, 2023 Direct F2
transaction PAYX Common Stock Award $0 +42.2K +9.17% $0.00 502K Jul 15, 2023 Direct F3
holding PAYX Common Stock 4.87K Jul 14, 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 -195K -100% $0.00* 0 Jul 14, 2023 Common Stock 195K $41.70 Direct
transaction PAYX Stock Option Award $482K +3.99K $120.86 3.99K Jul 15, 2023 Common Stock 3.99K $120.86 Direct
holding PAYX Stock Option 209K Jul 14, 2023 Common Stock 209K $60.84 Direct
holding PAYX Stock Option 207K Jul 14, 2023 Common Stock 207K $47.32 Direct
holding PAYX Stock Option 227K Jul 14, 2023 Common Stock 227K $60.84 Direct
holding PAYX Stock Option 214K Jul 14, 2023 Common Stock 214K $57.24 Direct
holding PAYX Stock Option 179K Jul 14, 2023 Common Stock 179K $69.54 Direct
holding PAYX Stock Option 195K Jul 14, 2023 Common Stock 195K $85.46 Direct
holding PAYX Stock Option 195K Jul 14, 2023 Common Stock 195K $73.53 Direct
holding PAYX Stock Option 108K Jul 14, 2023 Common Stock 108K $112.67 Direct
holding PAYX Stock Option 3.3K Jul 14, 2023 Common Stock 3.3K $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.