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

Role
CLO, Secretary
Signature
Stephanie L. Schaeffer
Issuer symbol
PAYX
Transactions as of
14 Jul 2023
Net transactions value
+$963,496
Form type
4
Filing time
18 Jul 2023, 14:54:37 UTC
Previous filing
19 Jul 2022
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 $139,110 -1,151 -1.7% $120.86 65,266 14 Jul 2023 Direct F1
transaction PAYX Common Stock Award $0 +1,365 +2.1% $0.000000 66,631 15 Jul 2023 Direct F2
transaction PAYX Common Stock Award $0 +4,440 +6.7% $0.000000 71,071 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 $1,102,606 +9,123 $120.86 9,123 15 Jul 2023 Common Stock 9,123 $120.86 Direct
holding PAYX Stock Option 20,579 14 Jul 2023 Common Stock 20,579 $57.24 Direct
holding PAYX Stock Option 15,826 14 Jul 2023 Common Stock 15,826 $69.54 Direct
holding PAYX Stock Option 17,896 14 Jul 2023 Common Stock 17,896 $85.46 Direct
holding PAYX Stock Option 20,944 14 Jul 2023 Common Stock 20,944 $73.53 Direct
holding PAYX Stock Option 11,377 14 Jul 2023 Common Stock 11,377 $112.67 Direct
holding PAYX Stock Option 8,507 14 Jul 2023 Common Stock 8,507 $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.