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PAYCHEX INC Director's Dealing 2020

Jan 23, 2020

30035_dirs_2020-01-23_ef6c4f13-dcf8-48b0-8cd1-153bbf98e7ee.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: 2020-01-22

Reporting Person: Zaucha Laurie L. (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-22	Common Stock	M	5860	$47.32	Acquired	48086	Direct
2020-01-22	Common Stock	S	5860	$89.72	Disposed	42226	Direct
2020-01-22	Common Stock	M	13719	$57.24	Acquired	55945	Direct
2020-01-22	Common Stock	S	13719	$89.72	Disposed	42226	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-22	Stock Option	$47.32	M	5860	Disposed	2025-07-07	Common Stock (5860)	Direct
2020-01-22	Stock Option	$57.24	M	13719	Disposed	2027-07-11	Common Stock (13719)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$60.84	2026-07-05	Common Stock (20665)	20665	Direct
Stock Option	$60.84	2026-07-05	Common Stock (76652)	76652	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