Michael E. Gioja - 14 Oct 2022 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: 14 Oct 2022
Net transactions value: -$52,134
Form type: 4
Filing time: 24 Oct 2022, 15:59:48 UTC
Previous filing: 19 Jul 2022
Next filing: 28 Dec 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	Gift	$24,480	-222	-0.47%	$110.27	47,261	14 Oct 2022	Direct	F1
transaction	PAYX	Common Stock	Sale	$27,654	-249	-0.53%	$111.06	47,012	20 Oct 2022	Direct	F2

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
holding	PAYX	Stock Option						41,329	14 Oct 2022	Common Stock	41,329	$60.84	Direct
holding	PAYX	Stock Option						40,068	14 Oct 2022	Common Stock	40,068	$60.84	Direct
holding	PAYX	Stock Option						41,159	14 Oct 2022	Common Stock	41,159	$57.24	Direct
holding	PAYX	Stock Option						31,653	14 Oct 2022	Common Stock	31,653	$69.54	Direct
holding	PAYX	Stock Option						34,165	14 Oct 2022	Common Stock	34,165	$85.46	Direct
holding	PAYX	Stock Option						39,823	14 Oct 2022	Common Stock	39,823	$73.53	Direct
holding	PAYX	Stock Option						24,272	14 Oct 2022	Common Stock	24,272	$112.67	Direct
holding	PAYX	Stock Option						18,661	14 Oct 2022	Common Stock	18,661	$115.00	Direct

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

Explanation of Responses:

Id	Content
F1	Shares were gifted to the donor advised fund.
F2	Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock units.