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PAYCHEX INC Director's Dealing 2020

Oct 19, 2020

30035_dirs_2020-10-19_3ab590e6-3c4d-4765-b136-6444887847c3.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: 2020-10-16

Reporting Person: RIVERA EFRAIN (Sr. Vice President, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-16	Common Stock	M	48622	$60.84	Acquired	143924	Direct
2020-10-16	Common Stock	S	48622	$83.72	Disposed	95302	Direct
2020-10-16	Common Stock	M	113318	$60.84	Acquired	208620	Direct
2020-10-16	Common Stock	S	113318	$83.72	Disposed	95302	Direct
2020-10-16	Common Stock	M	54878	$57.24	Acquired	150180	Direct
2020-10-16	Common Stock	S	54878	$83.72	Disposed	95302	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-16	Stock Option	$60.84	M	48622	Disposed	2026-07-05	Common Stock (48622)	Direct
2020-10-16	Stock Option	$60.84	M	113318	Disposed	2026-07-05	Common Stock (113318)	Direct
2020-10-16	Stock Option	$57.24	M	54878	Disposed	2027-07-11	Common Stock (54878)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$69.54	2028-07-10	Common Stock (42204)	42204	Direct
Stock Option	$85.46	2029-07-09	Common Stock (43926)	43926	Direct
Stock Option	$73.53	2030-07-14	Common Stock (48673)	48673	Direct