SEC Form 4 · accession 0001209191-16-132145
PAYCHEX INC · PAYX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Efrain Rivera
Officer — Sr. Vice President, CFO
Period of report
Jul 6, 2016
Accepted (ET)
Jul 8, 2016 · 3:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000723531
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 6, 2016 | A | 3,351 | $0.00 | A | 48,930 | D | |
| Common StockF2 | Jul 6, 2016 | A | 12,037 | $0.00 | A | 60,967 | D | |
| Common StockF3 | Jul 6, 2016 | A | 12,113 | $0.00 | A | 73,080 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $60.84 | Jul 6, 2016 | A | 48,622 | A | Jul 6, 2017 | Jul 5, 2026 | Common Stock | 48,622 | 48,622 | D |
| Stock OptionF4 | $60.84 | Jul 6, 2016 | A | 147,405 | A | Jul 6, 2017 | Jul 5, 2026 | Common Stock | 147,405 | 147,405 | D |
| Stock Option | $31.34 | holding | — | — | — | Jul 6, 2012 | Jul 5, 2021 | Common Stock | 44,381 | 44,381 | D |
| Stock OptionF5 | $31.63 | holding | — | — | — | Jul 7, 2014 | Jul 6, 2021 | Common Stock | 157,500 | 157,500 | D |
| Stock Option | $31.65 | holding | — | — | — | Jul 11, 2013 | Jul 10, 2022 | Common Stock | 58,901 | 58,901 | D |
| Stock Option | $38.48 | holding | — | — | — | Jul 10, 2014 | Jul 9, 2023 | Common Stock | 53,911 | 53,911 | D |
| Stock Option | $41.70 | holding | — | — | — | Jul 9, 2015 | Jul 8, 2024 | Common Stock | 44,271 | 44,271 | D |
| Stock Option | $47.32 | holding | — | — | — | Jul 8, 2016 | Jul 7, 2025 | Common Stock | 46,875 | 46,875 | D |
Explanation of responses
- F1Award of restricted stock, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
- F2Grant of restricted stock, subject to vesting, based on achievement of multi-year performance metrics, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
- F3Award of restricted stock, subject to vesting, pursuant to the performance award under the Amended and Restated 2002 Stock Incentive Plan.
- F4Grant of non-qualified stock options, subject to vesting based on achievement of multi-year performance metrics, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
- F5Updated balance reflects cancellation of unvested options following Performance Period.