PAYCHEX INC - Director's Dealing 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYCHEX INC (PAYX)
CIK: 0000723531
Period of Report: 2022-07-15

Reporting Person: RIVERA EFRAIN (Sr. Vice President, CFO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-07-15	Common Stock	S	3103	$115.00	Disposed	82640	Direct
2022-07-15	Common Stock	A	3391	$0.00	Acquired	86031	Direct
2022-07-18	Common Stock	M	14642	$85.46	Acquired	100673	Direct
2022-07-18	Common Stock	S	14642	$116.16	Disposed	86031	Direct
2022-07-18	Common Stock	M	16224	$73.53	Acquired	102255	Direct
2022-07-18	Common Stock	S	16224	$116.11	Disposed	86031	Direct
2022-07-19	Common Stock	S	6458	$117.91	Disposed	79573	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-07-18	Stock Option	$85.46	M	14642	Disposed	2029-07-09	Common Stock (14642)	Direct
2022-07-18	Stock Option	$73.53	M	16224	Disposed	2030-07-14	Common Stock (16224)	Direct
2022-07-15	Stock Option	$115.00	A	21405	Acquired	2032-07-14	Common Stock (21405)	Direct

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$112.67	2031-07-14	Common Stock (28064)	28064	Direct

F1: Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock units.

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