Stephanie L. Schaeffer - Jul 14, 2023 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
CLO, Secretary
Signature
Stephanie L. Schaeffer
Stock symbol
PAYX
Transactions as of
Jul 14, 2023
Transactions value $
$963,496
Form type
4
Date filed
7/18/2023, 02:54 PM
Previous filing
Jul 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Tax liability -$139K -1.15K -1.73% $120.86 65.3K Jul 14, 2023 Direct F1
transaction PAYX Common Stock Award $0 +1.37K +2.09% $0.00 66.6K Jul 15, 2023 Direct F2
transaction PAYX Common Stock Award $0 +4.44K +6.66% $0.00 71.1K 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 20.6K Jul 14, 2023 Common Stock 20.6K $57.24 Direct
holding PAYX Stock Option 15.8K Jul 14, 2023 Common Stock 15.8K $69.54 Direct
holding PAYX Stock Option 17.9K Jul 14, 2023 Common Stock 17.9K $85.46 Direct
holding PAYX Stock Option 20.9K Jul 14, 2023 Common Stock 20.9K $73.53 Direct
holding PAYX Stock Option 11.4K Jul 14, 2023 Common Stock 11.4K $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.