PAYCHEX INC — Director's Dealing 2020

Nov 13, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYCHEX INC (PAYX)
CIK: 0000723531
Period of Report: 2020-11-12

Reporting Person: Gibson John B (Sr. VP, Service)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-12	Common Stock	M	39684	$38.48	Acquired	84849	Direct
2020-11-12	Common Stock	S	39684	$90.11	Disposed	45165	Direct
2020-11-12	Common Stock	M	44271	$41.70	Acquired	89436	Direct
2020-11-12	Common Stock	S	44271	$90.11	Disposed	45165	Direct
2020-11-12	Common Stock	M	46875	$47.32	Acquired	92040	Direct
2020-11-12	Common Stock	S	46875	$90.11	Disposed	45165	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-12	Stock Option	$38.48	M	39684	Disposed	2023-07-09	Common Stock (39684)	Direct
2020-11-12	Stock Option	$41.70	M	44271	Disposed	2024-07-08	Common Stock (44271)	Direct
2020-11-12	Stock Option	$47.32	M	46875	Disposed	2025-07-07	Common Stock (46875)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$60.84	2026-07-05	Common Stock (41329)	41329	Direct
Stock Option	$60.84	2026-07-05	Common Stock (113318)	113318	Direct
Stock Option	$57.24	2027-07-11	Common Stock (41159)	41159	Direct
Stock Option	$69.54	2028-07-10	Common Stock (31653)	31653	Direct
Stock Option	$85.46	2029-07-09	Common Stock (34165)	34165	Direct
Stock Option	$73.53	2030-07-14	Common Stock (39823)	39823	Direct