Robert L. Schrader - Jul 14, 2023 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 14, 2023
Transactions value $
$956,607
Form type
4
Date filed
7/17/2023, 03:57 PM
Previous filing
Aug 3, 2022
Next filing
Aug 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Tax liability -$113K -931 -10.49% $120.86 7.94K Jul 14, 2023 Direct F1
transaction PAYX Common Stock Award $0 +1.32K +16.68% $0.00 9.26K Jul 15, 2023 Direct F2
transaction PAYX Common Stock Award $0 +3.55K +38.34% $0.00 12.8K Jul 15, 2023 Direct F3
holding PAYX Common Stock 306 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 Award $1.07M +8.85K $120.86 8.85K Jul 15, 2023 Common Stock 8.85K $120.86 Direct
holding PAYX Stock Option 16.5K Jul 14, 2023 Common Stock 16.5K $73.53 Direct
holding PAYX Stock Option 9.1K Jul 14, 2023 Common Stock 9.1K $112.67 Direct
holding PAYX Stock Option 13K Jul 14, 2023 Common Stock 13K $85.46 Direct
holding PAYX Stock Option 7.68K Jul 14, 2023 Common Stock 7.68K $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.