Karen E. Saunders-McClendon - Jul 14, 2023 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
VP, Chief Human Resources Offi
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Stock symbol
PAYX
Transactions as of
Jul 14, 2023
Transactions value $
$1,059,217
Form type
4
Date filed
7/18/2023, 02:49 PM
Previous filing
Apr 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Tax liability -$43.4K -359 -9.14% $120.86 3.57K Jul 14, 2023 Direct F1
transaction PAYX Common Stock Award $0 +1.37K +38.24% $0.00 4.94K Jul 15, 2023 Direct F2
transaction PAYX Common Stock Award $0 +2.96K +59.98% $0.00 7.9K Jul 15, 2023 Direct F3

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 $1.1M +9.12K $120.86 9.12K Jul 15, 2023 Common Stock 9.12K $120.86 Direct
holding PAYX Stock Option 7.59K Jul 14, 2023 Common Stock 7.59K $112.67 Direct
holding PAYX Stock Option 8.51K Jul 14, 2023 Common Stock 8.51K $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.