SEC Form 4 · accession 0001209191-16-132150
PAYCHEX INC · PAYX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer R. Vossler
Officer — VP/Controller
Period of report
Jul 6, 2016
Accepted (ET)
Jul 8, 2016 · 3:40 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 | Jun 1, 2016 | J | 43 | $0.00 | A | 25,066 | D | |
| Common StockF2 | Jul 6, 2016 | A | 1,676 | $0.00 | A | 26,742 | D | |
| Common StockF3 | Jul 6, 2016 | A | 6,259 | $0.00 | A | 33,001 | D | |
| Common StockF4 | Jul 6, 2016 | A | 6,057 | $0.00 | A | 39,058 | D | |
| Common StockF5 | holding | — | — | — | 850 | 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 | 24,311 | A | Jul 6, 2017 | Jul 5, 2026 | Common Stock | 24,311 | 24,311 | D |
| Stock OptionF6 | $60.84 | Jul 6, 2016 | A | 76,652 | A | Jul 6, 2017 | Jul 5, 2026 | Common Stock | 76,652 | 76,652 | D |
| Stock Option | $27.27 | holding | — | — | — | May 4, 2010 | May 3, 2019 | Common Stock | 12,000 | 12,000 | D |
| Stock Option | $24.21 | holding | — | — | — | Jul 9, 2010 | Jul 8, 2019 | Common Stock | 11,155 | 11,155 | D |
| Stock Option | $26.02 | holding | — | — | — | Jul 7, 2011 | Jul 6, 2020 | Common Stock | 16,383 | 16,383 | D |
| Stock Option | $31.34 | holding | — | — | — | Jul 6, 2012 | Jul 5, 2021 | Common Stock | 24,372 | 24,372 | D |
| Stock OptionF7 | $31.63 | holding | — | — | — | Jul 7, 2014 | Jul 6, 2021 | Common Stock | 63,000 | 63,000 | D |
| Stock Option | $31.65 | holding | — | — | — | Jul 11, 2013 | Jul 10, 2022 | Common Stock | 29,450 | 29,450 | D |
| Stock Option | $38.48 | holding | — | — | — | Jul 10, 2014 | Jul 9, 2023 | Common Stock | 26,956 | 26,956 | D |
| Stock Option | $41.70 | holding | — | — | — | Jul 9, 2015 | Jul 8, 2024 | Common Stock | 22,135 | 22,135 | D |
| Stock Option | $47.32 | holding | — | — | — | Jul 8, 2016 | Jul 7, 2025 | Common Stock | 23,438 | 23,438 | D |
Explanation of responses
- F1Updated balance reflects 43 shares acquired through the Dividend Reinvestment Program.
- 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.