Michael E. Gioja - Jul 14, 2023 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
Sr. Vice President
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Stock symbol
PAYX
Transactions as of
Jul 14, 2023
Transactions value $
$2,216,089
Form type
4
Date filed
7/18/2023, 02:50 PM
Previous filing
Dec 28, 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 -$323K -2.67K -8.04% $120.86 30.6K Jul 14, 2023 Direct F1
transaction PAYX Common Stock Award $0 +3.14K +10.28% $0.00 33.7K Jul 15, 2023 Direct F2
transaction PAYX Common Stock Award $0 +9.47K +28.07% $0.00 43.2K Jul 15, 2023 Direct F3
holding PAYX Common Stock 43.2K Jul 14, 2023 Direct

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 $2.54M +21K $120.86 21K Jul 15, 2023 Common Stock 21K $120.86 Direct
holding PAYX Stock Option 41.3K Jul 14, 2023 Common Stock 41.3K $60.84 Direct
holding PAYX Stock Option 40.1K Jul 14, 2023 Common Stock 40.1K $60.84 Direct
holding PAYX Stock Option 41.2K Jul 14, 2023 Common Stock 41.2K $57.24 Direct
holding PAYX Stock Option 31.7K Jul 14, 2023 Common Stock 31.7K $69.54 Direct
holding PAYX Stock Option 34.2K Jul 14, 2023 Common Stock 34.2K $85.46 Direct
holding PAYX Stock Option 39.8K Jul 14, 2023 Common Stock 39.8K $73.53 Direct
holding PAYX Stock Option 24.3K Jul 14, 2023 Common Stock 24.3K $112.67 Direct
holding PAYX Stock Option 18.7K Jul 14, 2023 Common Stock 18.7K $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 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.