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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
723531	Paychex Inc	PAYX	Services-Engineering, Accounting, Research, Management (8700)	161124166

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1463318	R. Jennifer Vossler	911 Panorama Trail South Rochester NY 14625	Vp/Controller	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2015-06-01	41	$0.00	19,527	No	4	J	Direct
Common Stock	Acquisiton	2015-07-08	1,779	$0.00	21,306	No	4	A	Direct
Common Stock	Acquisiton	2015-07-08	7,270	$0.00	28,576	No	4	A	Direct
Common Stock	Disposition	2015-07-09	253	$47.43	28,323	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	J	Direct
No	4	A	Direct
No	4	A	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option	Acquisiton	2015-07-08	23,438	$47.32	23,438	$47.32

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
23,438	2016-07-08	2025-07-07	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	824	Indirect	401(k)

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Option	$27.27	2010-05-04	2019-05-03	12,000	12,000	Direct
Common Stock	Stock Option	$24.21	2010-07-09	2019-07-08	11,155	11,155	Direct
Common Stock	Stock Option	$26.02	2011-07-07	2020-07-06	16,383	16,383	Direct
Common Stock	Stock Option	$31.34	2012-07-06	2021-07-05	24,372	24,372	Direct
Common Stock	Stock Option	$31.63	2014-07-07	2021-07-06	100,000	100,000	Direct
Common Stock	Stock Option	$31.65	2013-07-11	2022-07-10	29,450	29,450	Direct
Common Stock	Stock Option	$38.48	2014-07-10	2023-07-09	26,956	26,956	Direct
Common Stock	Stock Option	$41.70	2015-07-09	2024-07-08	22,135	22,135	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2019-05-03	12,000	12,000	Direct
2019-07-08	11,155	11,155	Direct
2020-07-06	16,383	16,383	Direct
2021-07-05	24,372	24,372	Direct
2021-07-06	100,000	100,000	Direct
2022-07-10	29,450	29,450	Direct
2023-07-09	26,956	26,956	Direct
2024-07-08	22,135	22,135	Direct

Footnotes

Updated balance reflects 41 shares acquired through the Dividend Reinvestment Program.
Award of restricted stock, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
Award of restricted stock, subject to vesting, pursuant to the performance award under the Amended and Restated 2002 Stock Incentive Plan.
Disposition of shares to satisfy tax withholding obligations arising from lapse of restrictions applicable to restricted stock.
401(k) balance as of June 1, 2015.