Michael E. Gioja - 14 Jul 2023 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 Jul 2023
Net transactions value
+$2,216,089
Form type
4
Filing time
18 Jul 2023, 14:50:48 UTC
Previous filing
28 Dec 2022
Next filing
02 Aug 2023
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 $323,180 -2,674 -8% $120.86 30,594 14 Jul 2023 Direct F1
transaction PAYX Common Stock Award $0 +3,144 +10% $0.000000 33,738 15 Jul 2023 Direct F2
transaction PAYX Common Stock Award $0 +9,471 +28% $0.000000 43,209 15 Jul 2023 Direct F3
holding PAYX Common Stock 43,209 14 Jul 2023 Direct

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 $2,539,269 +21,010 $120.86 21,010 15 Jul 2023 Common Stock 21,010 $120.86 Direct
holding PAYX Stock Option 41,329 14 Jul 2023 Common Stock 41,329 $60.84 Direct
holding PAYX Stock Option 40,068 14 Jul 2023 Common Stock 40,068 $60.84 Direct
holding PAYX Stock Option 41,159 14 Jul 2023 Common Stock 41,159 $57.24 Direct
holding PAYX Stock Option 31,653 14 Jul 2023 Common Stock 31,653 $69.54 Direct
holding PAYX Stock Option 34,165 14 Jul 2023 Common Stock 34,165 $85.46 Direct
holding PAYX Stock Option 39,823 14 Jul 2023 Common Stock 39,823 $73.53 Direct
holding PAYX Stock Option 24,272 14 Jul 2023 Common Stock 24,272 $112.67 Direct
holding PAYX Stock Option 18,661 14 Jul 2023 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 Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to 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 units, subject to vesting, pursuant to the performance award under the Amended and Restated 2002 Stock Incentive Plan.