PAYCHEX INC — Director's Dealing 2021

Jul 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: FLASCHEN DAVID J S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-15	Common Stock	A	797	$0.00	Acquired	1879	Direct
2021-07-16	Common Stock	M	10850	$41.70	Acquired	12729	Direct
2021-07-16	Common Stock	S	10850	$112.41	Disposed	1879	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-16	Stock Option	$41.70	M	10850	Disposed	2024-07-08	Common Stock (10850)	Direct
2021-07-15	Stock Option	$112.67	A	5075	Acquired	2031-07-14	Common Stock (5075)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock - Family Trust	30512	Indirect
Common Stock - Family Trust	14707	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$47.43	2025-07-08	Common Stock (11489)	11489	Direct
Stock Option	$60.59	2026-07-06	Common Stock (10220)	10220	Direct
Stock Option	$57.20	2027-07-12	Common Stock (9615)	9615	Direct
Stock Option	$70.37	2028-07-11	Common Stock (8641)	8641	Direct
Stock Option	$85.33	2029-07-10	Common Stock (7929)	7929	Direct
Stock Option	$73.53	2030-07-14	Common Stock (5793)	5793	Direct

Footnotes

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