PAYCHEX INC — Director's Dealing 2021

Dec 28, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYCHEX INC (PAYX)
CIK: 0000723531
Period of Report: 2021-12-27

Reporting Person: Schaeffer Stephanie L (CLO, Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-27	Common Stock	M	23438	$47.32	Acquired	91403	Direct
2021-12-27	Common Stock	S	23438	$134.35	Disposed	67965	Direct
2021-12-27	Common Stock	M	20665	$60.84	Acquired	88630	Direct
2021-12-27	Common Stock	S	20665	$134.35	Disposed	67965	Direct
2021-12-27	Common Stock	M	58926	$60.84	Acquired	126891	Direct
2021-12-27	Common Stock	S	58926	$134.35	Disposed	67965	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-27	Stock Option	$47.32	M	23438	Disposed	2025-07-07	Common Stock (23438)	Direct
2021-12-27	Stock Option	$60.84	M	20665	Disposed	2026-07-05	Common Stock (20665)	Direct
2021-12-27	Stock Option	$60.84	M	58926	Disposed	2026-07-05	Common Stock (58926)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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
Stock Option	$112.67	2031-07-14	Common Stock (11377)	11377	Direct