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PAYCHEX INC Director's Dealing 2014

Aug 6, 2014

30035_dirs_2014-08-06_c4fa5cc1-6598-4474-8cc8-67df8dfa69cc.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: 2014-08-06

Reporting Person: Vossler Jennifer R. (VP/Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-06	Common Stock	S	5000	$40.40	Disposed	24486	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	730	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$27.27	2019-05-03	Common Stock (12000)	12000	Direct
Stock Option	$24.21	2019-07-08	Common Stock (11155)	11155	Direct
Stock Option	$26.02	2020-07-06	Common Stock (16383)	16383	Direct
Stock Option	$31.34	2021-07-05	Common Stock (24372)	24372	Direct
Stock Option	$31.63	2021-07-06	Common Stock (100000)	100000	Direct
Stock Option	$31.65	2022-07-10	Common Stock (29450)	29450	Direct
Stock Option	$38.48	2023-07-09	Common Stock (26956)	26956	Direct
Stock Option	$41.70	2024-07-08	Common Stock (22135)	22135	Direct