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PAYCHEX INC — Director's Dealing 2020
Jul 14, 2020
30035_dirs_2020-07-14_d78279cf-4413-4c1d-9f66-e31f94d3d080.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: 2020-07-10
Reporting Person: MUCCI MARTIN (Director, CEO & President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-07-10 | Common Stock | A | 27761 | $0.00 | Acquired | 358702 | Direct |
| 2020-07-10 | Common Stock | S | 40280 | $73.30 | Disposed | 318422 | Direct |
| 2020-07-11 | Common Stock | A | 47015 | $0.00 | Acquired | 365437 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-07-10 | Stock Option | $60.84 | J | 68176 | Disposed | 2026-07-05 | Common Stock (68176) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4543 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option | $31.34 | 2021-07-05 | Common Stock (56422) | 56422 | Direct |
| Stock Option | $31.65 | 2022-07-10 | Common Stock (274869) | 274869 | Direct |
| Stock Option | $38.48 | 2023-07-09 | Common Stock (237844) | 237844 | Direct |
| Stock Option | $41.70 | 2024-07-08 | Common Stock (195313) | 195313 | Direct |
| Stock Option | $47.32 | 2025-07-07 | Common Stock (206801) | 206801 | Direct |
| Stock Option | $60.84 | 2026-07-05 | Common Stock (208590) | 208590 | Direct |
| Stock Option | $57.24 | 2027-07-11 | Common Stock (214482) | 214482 | Direct |
| Stock Option | $69.54 | 2028-07-10 | Common Stock (179191) | 179191 | Direct |
| Stock Option | $85.46 | 2029-07-09 | Common Stock (195228) | 195228 | Direct |
Footnotes
F1: Grant of restricted stock from the 2016 LTIP award, based on achievement of multi-year performance metrics, pursuant to the Amended and Restated 2002 Stock Incentive Plan
F2: Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock.
F3: Award of restricted stock, subject to vesting, pursuant to the performance award under the Amended and Restated 2002 Stock Incentive Plan.
F4: 401(k) balance as of June 1, 2020.
F5: Updated balance reflects cancellation of unvested options following Performance Period.