PAYCHEX INC — Director's Dealing 2020

Nov 9, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYCHEX INC (PAYX)
CIK: 0000723531
Period of Report: 2020-11-09

Reporting Person: Schaeffer Stephanie L (CLO, Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-09	Common Stock	M	26956	$38.48	Acquired	91118	Direct
2020-11-09	Common Stock	S	26956	$92.09	Disposed	64162	Direct
2020-11-09	Common Stock	M	22135	$41.70	Acquired	86297	Direct
2020-11-09	Common Stock	S	22135	$92.09	Disposed	64162	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-09	Stock Option	$38.48	M	26956	Disposed	2023-07-09	Common Stock (26956)	Direct
2020-11-09	Stock Option	$41.70	M	22135	Disposed	2024-07-08	Common Stock (22135)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$47.32	2025-07-07	Common Stock (23438)	23438	Direct
Stock Option	$60.84	2026-07-05	Common Stock (20665)	20665	Direct
Stock Option	$60.84	2026-07-05	Common Stock (58926)	58926	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
Stock Option	$85.46	2029-07-09	Common Stock (17896)	17896	Direct
Stock Option	$73.53	2030-07-14	Common Stock (20944)	20944	Direct