PAYCHEX INC — Director's Dealing 2020

Jul 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYCHEX INC (PAYX)
CIK: 0000723531
Period of Report: 2020-07-10

Reporting Person: Schrader Robert L. (VP/Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-10	Common Stock	S	110	$73.30	Disposed	8639	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	286	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$85.46	2029-07-09	Common Stock (13015)	13015	Direct

Footnotes

F1: Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock.

F2: 401(k) balance as of June 1, 2020.