Michael E. Gioja - 15 Jul 2021 Form 4 Insider Report for PAYCHEX INC (PAYX)

Role
Sr. Vice President
Signature
Stephanie L. Schaeffer, Attorney-in-fact
Issuer symbol
PAYX
Transactions as of
15 Jul 2021
Net transactions value
+$2,516,034
Form type
4
Filing time
19 Jul 2021, 16:03:02 UTC
Previous filing
12 Jul 2021
Next filing
15 Oct 2021
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 +5,249 +11% $0.000000 55,088 15 Jul 2021 Direct F1
transaction PAYX Common Stock Award $0 +7,793 +14% $0.000000 62,881 15 Jul 2021 Direct F2
transaction PAYX Common Stock Sale $218,692 -1,941 -3.1% $112.67 60,940 15 Jul 2021 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 $2,734,726 +24,272 $112.67 24,272 15 Jul 2021 Common Stock 24,272 $112.67 Direct
holding PAYX Stock Option 41,329 15 Jul 2021 Common Stock 41,329 $60.84 Direct
holding PAYX Stock Option 66,068 15 Jul 2021 Common Stock 66,068 $60.84 Direct
holding PAYX Stock Option 41,159 15 Jul 2021 Common Stock 41,159 $57.24 Direct
holding PAYX Stock Option 31,653 15 Jul 2021 Common Stock 31,653 $69.54 Direct
holding PAYX Stock Option 34,165 15 Jul 2021 Common Stock 34,165 $85.46 Direct
holding PAYX Stock Option 39,823 15 Jul 2021 Common Stock 39,823 $73.53 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 Amended and Restated 2002 Stock Incentive Plan.
F2 Award of restricted stock units, subject to vesting, pursuant to the performance award under the Amended and Restated 2002 Stock Incentive Plan.
F3 Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock units.