PAYCHEX INC — Director's Dealing 2023

Aug 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYCHEX INC (PAYX)
CIK: 0000723531
Period of Report: 2023-08-01

Reporting Person: Gioja Michael E (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-01	Common Stock	S	23409	$125.13	Disposed	19800	Direct
2023-08-01	Common Stock	M	16181	$112.67	Acquired	35981	Direct
2023-08-01	Common Stock	S	16181	$124.75	Disposed	19800	Direct
2023-08-01	Common Stock	M	6220	$115.00	Acquired	26020	Direct
2023-08-01	Common Stock	S	6220	$124.90	Disposed	19800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-08-01	Stock Option	$112.67	M	16181	Disposed	2031-07-14	Common Stock (16181)	Direct
2023-08-01	Stock Option	$115.00	M	6220	Disposed	2032-07-14	Common Stock (6220)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$120.86	2033-07-14	Common Stock (21010)	21010	Direct
Stock Option	$73.53	2030-07-14	Common Stock (39823)	39823	Direct
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	$57.24	2027-07-11	Common Stock (41159)	41159	Direct
Stock Option	$60.84	2026-07-05	Common Stock (40068)	40068	Direct
Stock Option	$60.84	2026-07-05	Common Stock (41329)	41329	Direct