John B. Gibson - 14 Jul 2023 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
President and CEO
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Issuer symbol
PAYX
Transactions as of
14 Jul 2023
Net transactions value
+$7,269,608
Form type
4
Filing time
18 Jul 2023, 14:52:21 UTC
Previous filing
17 Jan 2023
Next filing
17 Oct 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 $415,033 -3,434 -6.5% $120.86 49,358 14 Jul 2023 Direct F1
transaction PAYX Common Stock Award $0 +9,515 +19% $0.000000 58,873 15 Jul 2023 Direct F2
transaction PAYX Common Stock Award $0 +10,359 +18% $0.000000 69,232 15 Jul 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 $7,684,641 +63,583 $120.86 63,583 15 Jul 2023 Common Stock 63,583 $120.86 Direct
holding PAYX Stock Option 31,653 14 Jul 2023 Common Stock 31,653 $69.54 Direct
holding PAYX Stock Option 34,165 14 Jul 2023 Common Stock 34,165 $85.46 Direct
holding PAYX Stock Option 39,823 14 Jul 2023 Common Stock 39,823 $73.53 Direct
holding PAYX Stock Option 26,547 14 Jul 2023 Common Stock 26,547 $112.67 Direct
holding PAYX Stock Option 2,972 14 Jul 2023 Common Stock 2,972 $125.00 Direct
holding PAYX Stock Option 21,954 14 Jul 2023 Common Stock 21,954 $115.00 Direct
holding PAYX Stock Option 20,485 14 Jul 2023 Common Stock 20,485 $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 / 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.