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PAYCHEX INC Director's Dealing 2010

Jul 9, 2010

30035_dirs_2010-07-09_8c51346f-a7be-49f4-a79a-492c2a771426.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYCHEX INC (PAYX)
CIK: 0000723531
Period of Report: 2010-07-07

Reporting Person: Humenik Delbert M (Sr. Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-07-07 Common Stock A 4964 $0.00 Acquired 12645 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-07-07 Stock Option $26.02 A 29786 Acquired 2020-07-06 Common Stock (29786) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option $29.29 2019-09-27 Common Stock (56008) 56008 Direct

Footnotes

F1: Award of restricted stock, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.