PAYCHEX INC — Director's Dealing 2023

Jul 18, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAYCHEX INC (PAYX)
CIK: 0000723531
Period of Report: 2023-07-14

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-14	Common Stock	F	3293	$120.86	Disposed	75982	Direct
2023-07-15	Common Stock	A	3227	$0.00	Acquired	79209	Direct
2023-07-15	Common Stock	A	10952	$0.00	Acquired	90161	Direct
2023-07-17	Common Stock	M	16224	$73.53	Acquired	106385	Direct
2023-07-17	Common Stock	S	16224	$120.19	Disposed	90161	Direct
2023-07-17	Common Stock	S	4025	$120.19	Disposed	86136	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-07-17	Stock Option	$73.53	M	16224	Disposed	2030-07-14	Common Stock (16224)	Direct
2023-07-15	Stock Option	$120.86	A	21563	Acquired	2033-07-14	Common Stock (21563)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$112.67	2031-07-14	Common Stock (28064)	28064	Direct
Stock Option	$115.00	2032-07-14	Common Stock (21405)	21405	Direct

Footnotes

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.

F3: Award of restricted stock units, subject to vesting, pursuant to the performance award under the Amended and Restated 2002 Stock Incentive Plan.