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PAYCHEX INC Director's Dealing 2019

Jul 2, 2019

30035_dirs_2019-07-02_a68428ce-6db4-48b0-8bdf-b730f26a19e1.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: 2019-07-01

Reporting Person: Zaucha Laurie L. (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-01	Common Stock	M	5859	$47.32	Acquired	44280	Direct
2019-07-01	Common Stock	S	5859	$83.31	Disposed	38421	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-07-01	Stock Option	$47.32	M	5859	Disposed	2025-07-07	Common Stock (5859)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$60.84	2026-07-05	Common Stock (20665)	20665	Direct
Stock Option	$60.84	2026-07-05	Common Stock (76652)	76652	Direct
Stock Option	$57.24	2027-07-11	Common Stock (20579)	20579	Direct
Stock Option	$69.54	2028-07-10	Common Stock (15826)	15826	Direct

Footnotes

F1: Exercise pursuant to Rule 10b5-1 Trading Plan.