PAYCHEX INC — Director's Dealing 2019

Oct 18, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYCHEX INC (PAYX)
CIK: 0000723531
Period of Report: 2019-10-17

Reporting Person: MUCCI MARTIN (Director, CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-10-17	Common Stock	M	31865	$31.63	Acquired	362806	Direct
2019-10-17	Common Stock	S	31865	$84.86	Disposed	330941	Direct
2019-10-18	Common Stock	M	283135	$31.63	Acquired	614076	Direct
2019-10-18	Common Stock	S	283135	$84.43	Disposed	330941	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-10-17	Stock Option	$31.63	M	31865	Disposed	2021-07-06	Common Stock (31865)	Direct
2019-10-18	Stock Option	$31.63	M	283135	Disposed	2021-07-06	Common Stock (283135)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4385	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$31.34	2021-07-05	Common Stock (56422)	56422	Direct
Stock Option	$31.65	2022-07-10	Common Stock (274869)	274869	Direct
Stock Option	$38.48	2023-07-09	Common Stock (237844)	237844	Direct
Stock Option	$41.70	2024-07-08	Common Stock (195313)	195313	Direct
Stock Option	$47.32	2025-07-07	Common Stock (206801)	206801	Direct
Stock Option	$60.84	2026-07-05	Common Stock (208590)	208590	Direct
Stock Option	$60.84	2026-07-05	Common Stock (294812)	294812	Direct
Stock Option	$57.24	2027-07-11	Common Stock (214482)	214482	Direct
Stock Option	$69.54	2028-07-10	Common Stock (179191)	179191	Direct
Stock Option	$85.46	2029-07-09	Common Stock (195228)	195228	Direct