PAYCHEX INC - Director's Dealing 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYCHEX INC (PAYX)
CIK: 0000723531
Period of Report: 2021-07-15

Reporting Person: Schaeffer Stephanie L (CLO, Secretary)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-15	Common Stock	A	2460	$0.00	Acquired	64701	Direct
2021-07-15	Common Stock	A	4082	$0.00	Acquired	68783	Direct
2021-07-15	Common Stock	S	818	$112.67	Disposed	67965	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-15	Stock Option	$112.67	A	11377	Acquired	2031-07-14	Common Stock (11377)	Direct

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$47.32	2025-07-07	Common Stock (23438)	23438	Direct
Stock Option	$60.84	2026-07-05	Common Stock (20665)	20665	Direct
Stock Option	$60.84	2026-07-05	Common Stock (58926)	58926	Direct
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

F1: Award of restricted stock, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.

F2: Award of restricted stock, subject to vesting, pursuant to the performance award under the Amended and Restated 2002 Stock Incentive Plan.

F3: Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock.