Stephanie L. Schaeffer - 15 Jul 2021 Form 4 Insider Report for PAYCHEX INC (PAYX)

Signature
Stephanie L. Schaeffer
Issuer symbol
PAYX
Transactions as of
15 Jul 2021
Transactions value $
$1,189,683
Form type
4
Filing time
19 Jul 2021, 16:11:04 UTC
Previous filing
12 Jul 2021
Next filing
28 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAYX Common Stock Award $0 +2,460 +4% $0 64,701 15 Jul 2021 Direct F1
transaction PAYX Common Stock Award $0 +4,082 +6.3% $0 68,783 15 Jul 2021 Direct F2
transaction PAYX Common Stock Sale -$92,164 -818 -1.2% $112.67 67,965 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 $1,281,846 +11,377 $112.67 11,377 15 Jul 2021 Common Stock 11,377 $112.67 Direct
holding PAYX Stock Option 23,438 15 Jul 2021 Common Stock 23,438 $47.32 Direct
holding PAYX Stock Option 20,665 15 Jul 2021 Common Stock 20,665 $60.84 Direct
holding PAYX Stock Option 58,926 15 Jul 2021 Common Stock 58,926 $60.84 Direct
holding PAYX Stock Option 20,579 15 Jul 2021 Common Stock 20,579 $57.24 Direct
holding PAYX Stock Option 15,826 15 Jul 2021 Common Stock 15,826 $69.54 Direct
holding PAYX Stock Option 17,896 15 Jul 2021 Common Stock 17,896 $85.46 Direct
holding PAYX Stock Option 20,944 15 Jul 2021 Common Stock 20,944 $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, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
F2 Award of restricted stock, 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.