Robert L. Schrader - 14 Jul 2023 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
VP/Controller
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Issuer symbol
PAYX
Transactions as of
14 Jul 2023
Net transactions value
+$956,607
Form type
4
Filing time
17 Jul 2023, 15:57:07 UTC
Previous filing
03 Aug 2022
Next filing
02 Aug 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 $112,521 -931 -10% $120.86 7,940 14 Jul 2023 Direct F1
transaction PAYX Common Stock Award $0 +1,324 +17% $0.000000 9,264 15 Jul 2023 Direct F2
transaction PAYX Common Stock Award $0 +3,552 +38% $0.000000 12,816 15 Jul 2023 Direct F3
holding PAYX Common Stock 306 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 Award $1,069,128 +8,846 $120.86 8,846 15 Jul 2023 Common Stock 8,846 $120.86 Direct
holding PAYX Stock Option 16,519 14 Jul 2023 Common Stock 16,519 $73.53 Direct
holding PAYX Stock Option 9,102 14 Jul 2023 Common Stock 9,102 $112.67 Direct
holding PAYX Stock Option 13,015 14 Jul 2023 Common Stock 13,015 $85.46 Direct
holding PAYX Stock Option 7,684 14 Jul 2023 Common Stock 7,684 $115.00 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 / 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, 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.