PAYCHEX INC — Director's Dealing 2022

Aug 31, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYCHEX INC (PAYX)
CIK: 0000723531
Period of Report: 2022-08-26

Reporting Person: FLASCHEN DAVID J S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-29	Common Stock - Family Trust	J	8994	$0.00	Disposed	12218	Indirect
2022-08-26	Common Stock - Family Trust	G	6109	$0.00	Disposed	6109	Indirect
2022-08-26	Common Stock - Family Trust	G	6109	$0.00	Disposed	0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock - Family Trust	33001	Direct
Common Stock - Family Trust	6109	Indirect
Common Stock - Family Trust	6109	Indirect
Common Stock	2618	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
Stock Option	$112.67	2031-07-14	Common Stock (5075)	5075	Direct
Stock Option	$115.00	2032-07-14	Common Stock (3027)	3027	Direct

Footnotes

F1: Shares were transferred to the Flaschen Family Trust.

F2: Shares were gifted to the Katherine S. Flaschen Irrevocable Trust.

F3: Shares were gifted to The DJ Flaschen Irrevocable Trust.