SEC Form 4 · accession 0001209191-18-042527
PAYCHEX INC · PAYX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John B Gibson
Officer — Sr. VP, Service
Period of report
Jul 11, 2018
Accepted (ET)
Jul 13, 2018 · 4:04 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 | 2,658 | $0.00 | A | 19,194 | D | |
| Common StockF2 | Jul 11, 2018 | A | 7,044 | $0.00 | A | 26,238 | D | |
| Common StockF3 | Jul 12, 2018 | S | 515 | $70.37 | D | 25,723 | 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 | $69.54 | Jul 11, 2018 | A | 31,653 | A | Jul 11, 2019 | Jul 10, 2028 | Common Stock | 31,653 | 31,653 | D |
| Stock Option | $36.66 | holding | — | — | — | Jul 2, 2016 | Jul 1, 2023 | Common Stock | 47,250 | 47,250 | 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 |
| Stock Option | $60.84 | holding | — | — | — | Jul 6, 2017 | Jul 5, 2026 | Common Stock | 41,329 | 41,329 | D |
| Stock Option | $60.84 | holding | — | — | — | Jul 6, 2017 | Jul 5, 2026 | Common Stock | 147,405 | 147,405 | D |
| Stock Option | $57.24 | holding | — | — | — | Jul 12, 2018 | Jul 11, 2027 | Common Stock | 41,159 | 41,159 | D |
Explanation of responses
- F1Award of restricted stock, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
- F2Award of restricted stock, subject to vesting, pursuant to the performance award under 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.