PAYCHEX INC — Director's Dealing 2022

Jul 19, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Gibson John B (President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-07-15	Common Stock	S	2842	$115.00	Disposed	45845	Direct
2022-07-15	Common Stock	A	3478	$0.00	Acquired	49323	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-07-15	Stock Option	$115.00	A	21954	Acquired	2032-07-14	Common Stock (21954)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$85.46	2029-07-09	Common Stock (34165)	34165	Direct
Stock Option	$69.54	2028-07-10	Common Stock (31653)	31653	Direct
Stock Option	$73.53	2030-07-14	Common Stock (39823)	39823	Direct
Stock Option	$112.67	2031-07-14	Common Stock (26547)	26547	Direct
Stock Option	$125.00	2032-01-14	Common Stock (2972)	2972	Direct

Footnotes

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

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