Robert L. Schrader - 15 Oct 2023 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role: Sr. VP, CFO
Signature: Stephanie L. Schaeffer, Attorney-in-fact
Issuer symbol: PAYX
Transactions as of: 15 Oct 2023
Net transactions value: +$499,881
Form type: 4
Filing time: 17 Oct 2023, 15:59:01 UTC
Previous filing: 02 Aug 2023
Next filing: 03 Jul 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PAYX	Common Stock	Award	$0	+678	+5.4%	$0.000000	13,280	15 Oct 2023	Direct	F1
holding	PAYX	Common Stock						306	15 Oct 2023	401(k)

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	$499,881	+4,237		$117.98	4,237	15 Oct 2023	Common Stock	4,237	$117.98	Direct
holding	PAYX	Stock Option						13,015	15 Oct 2023	Common Stock	13,015	$85.46	Direct
holding	PAYX	Stock Option						16,519	15 Oct 2023	Common Stock	16,519	$73.53	Direct
holding	PAYX	Stock Option						9,102	15 Oct 2023	Common Stock	9,102	$112.67	Direct
holding	PAYX	Stock Option						7,684	15 Oct 2023	Common Stock	7,684	$115.00	Direct
holding	PAYX	Stock Option						8,846	15 Oct 2023	Common Stock	8,846	$120.86	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Award of restricted stock units, subject to vesting, pursuant to the performance award under the Amended and Restated 2002 Stock Incentive Plan.