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PAYCHEX INC Director's Dealing 2017

Sep 11, 2017

30035_dirs_2017-09-11_5fa8afcc-c10d-49cd-aaac-dc777f931521.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: 2017-09-07

Reporting Person: HORSLEY PHILLIP (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-09-07	Common Stock	G	1089	$0.00	Disposed	1139	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock - Family Trust	108951	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$31.63	2021-07-06	Common Stock (11468)	11468	Direct
Stock Option	$31.50	2022-07-11	Common Stock (15052)	15052	Direct
Stock Option	$38.89	2023-07-10	Common Stock (12156)	12156	Direct
Stock Option	$41.70	2024-07-08	Common Stock (10850)	10850	Direct
Stock Option	$47.43	2025-07-08	Common Stock (11489)	11489	Direct
Stock Option	$60.59	2026-07-06	Common Stock (10220)	10220	Direct
Stock Option	$57.20	2027-07-12	Common Stock (9615)	9615	Direct

Footnotes

F1: Shares were gifted to the Horsley Family Revocable Trust.