EFRAIN RIVERA - 14 Jul 2023 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
Sr. Vice President, CFO
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Issuer symbol
PAYX
Transactions as of
14 Jul 2023
Net transactions value
+$967,336
Form type
4
Filing time
18 Jul 2023, 14:53:29 UTC
Previous filing
05 Jul 2023
Next filing
05 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 $397,992 -3,293 -4.2% $120.86 75,982 14 Jul 2023 Direct F1
transaction PAYX Common Stock Award $0 +3,227 +4.2% $0.000000 79,209 15 Jul 2023 Direct F2
transaction PAYX Common Stock Award $0 +10,952 +14% $0.000000 90,161 15 Jul 2023 Direct F3
transaction PAYX Common Stock Options Exercise $1,192,951 +16,224 +18% $73.53 106,385 17 Jul 2023 Direct
transaction PAYX Common Stock Sale $1,949,963 -16,224 -15% $120.19 90,161 17 Jul 2023 Direct
transaction PAYX Common Stock Sale $483,765 -4,025 -4.5% $120.19 86,136 17 Jul 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 Options Exercise $0 -16,224 -100% $0.000000* 0 17 Jul 2023 Common Stock 16,224 $73.53 Direct
transaction PAYX Stock Option Award $2,606,104 +21,563 $120.86 21,563 15 Jul 2023 Common Stock 21,563 $120.86 Direct
holding PAYX Stock Option 28,064 14 Jul 2023 Common Stock 28,064 $112.67 Direct
holding PAYX Stock Option 21,405 14 Jul 2023 Common Stock 21,405 $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.