PAYCHEX INC — Director's Dealing 2019

Jul 12, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYCHEX INC (PAYX)
CIK: 0000723531
Period of Report: 2019-07-11

Reporting Person: BONADIO TOM (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-01	Common Stock	J	50	$0.00	Acquired	12532	Direct
2019-07-11	Common Stock	A	975	$0.00	Acquired	13507	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-07-11	Stock Option	$85.33	A	7929	Acquired	2029-07-10	Common Stock (7929)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$61.47	2027-01-14	Common Stock (4404)	4404	Direct
Stock Option	$57.20	2027-07-12	Common Stock (9615)	9615	Direct
Stock Option	$70.37	2028-07-11	Common Stock (8641)	8641	Direct

Footnotes

F1: Updated balance reflects 50 shares acquired through the Dividend Reinvestment Program.

F2: Award of restricted stock, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.