SEC Form 4 · accession 0001209191-18-042525
PAYCHEX INC · PAYX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin Mucci
Officer — CEO & President · Director
Period of report
Jul 11, 2018
Accepted (ET)
Jul 13, 2018 · 4:02 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 11, 2018 | A | 35,555 | $0.00 | A | 287,567 | D | |
| Common StockF2 | Jul 11, 2018 | A | 15,045 | $0.00 | A | 302,612 | D | |
| Common StockF3 | Jul 12, 2018 | S | 2,683 | $70.37 | D | 299,929 | D | |
| Common Stock | holding | — | — | — | 4,283 | 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 | $69.54 | Jul 11, 2018 | A | 179,191 | A | Jul 11, 2019 | Jul 10, 2028 | Common Stock | 179,191 | 179,191 | D |
| Stock Option | $31.34 | holding | — | — | — | Jul 6, 2012 | Jul 5, 2021 | Common Stock | 156,422 | 156,422 | D |
| Stock Option | $31.63 | holding | — | — | — | Jul 7, 2014 | Jul 6, 2021 | Common Stock | 315,000 | 315,000 | D |
| Stock Option | $31.65 | holding | — | — | — | Jul 11, 2013 | Jul 10, 2022 | Common Stock | 274,869 | 274,869 | D |
| Stock Option | $38.48 | holding | — | — | — | Jul 10, 2014 | Jul 9, 2023 | Common Stock | 237,844 | 237,844 | D |
| Stock Option | $41.70 | holding | — | — | — | Jul 9, 2015 | Jul 8, 2024 | Common Stock | 195,313 | 195,313 | D |
| Stock Option | $47.32 | holding | — | — | — | Jul 8, 2016 | Jul 7, 2025 | Common Stock | 206,801 | 206,801 | D |
| Stock Option | $60.84 | holding | — | — | — | Jul 6, 2017 | Jul 5, 2026 | Common Stock | 208,590 | 208,590 | D |
| Stock Option | $60.84 | holding | — | — | — | Jul 6, 2017 | Jul 5, 2026 | Common Stock | 294,812 | 294,812 | D |
| Stock Option | $57.24 | holding | — | — | — | Jul 12, 2018 | Jul 11, 2027 | Common Stock | 214,482 | 214,482 | D |
Explanation of responses
- F1Award of restricted stock, subject to vesting, pursuant to the performance award under the Amended and Restated 2002 Stock Incentive Plan.
- F2Award of restricted stock, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
- F3Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock.