SEC Form 4 · accession 0001209191-16-132146
PAYCHEX INC · PAYX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Anthony Bottini
Officer — Sr. VP of Sales
Period of report
Jul 6, 2016
Accepted (ET)
Jul 8, 2016 · 3:32 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 | Dec 17, 2015 | G | 1,786 | $53.35 | D | 39,615 | D | |
| Common StockF2 | Jul 6, 2016 | A | 3,016 | $0.00 | A | 42,631 | D | |
| Common StockF3 | Jul 6, 2016 | A | 12,037 | $0.00 | A | 54,668 | D | |
| Common StockF4 | Jul 6, 2016 | A | 12,113 | $0.00 | A | 66,781 | D | |
| Common StockF5 | holding | — | — | — | 674 | I | 401(k) |
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 | 43,760 | A | Jul 6, 2017 | Jul 5, 2026 | Common Stock | 43,760 | 43,760 | D |
| Stock OptionF6 | $60.84 | Jul 6, 2016 | A | 147,405 | A | Jul 6, 2017 | Jul 5, 2026 | Common Stock | 147,405 | 147,405 | D |
| Stock Option | $28.06 | holding | — | — | — | Oct 18, 2012 | Oct 17, 2021 | Common Stock | 35,063 | 35,063 | D |
| Stock OptionF7 | $28.06 | holding | — | — | — | Oct 18, 2014 | Oct 17, 2021 | Common Stock | 98,750 | 98,750 | 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
- F1Shares were gifted to the Bottini Family Fund.
- F2Award of restricted stock, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
- F3Grant of restricted stock, subject to vesting, based on achievement of multi-year performance metrics, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
- F4Award of restricted stock, subject to vesting, pursuant to the performance award under the Amended and Restated 2002 Stock Incentive Plan.
- F5401(k) balance as of June 1, 2016.
- F6Grant 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.
- F7Updated balance reflects cancellation of unvested options following Performance Period.