Filing Details

Accession Number:
0001209191-16-132144
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-07-08 15:29:31
Reporting Period:
2016-07-06
Filing Date:
2016-07-08
Accepted Time:
2016-07-08 15:29:31
SEC Url:
Form 4 Filing
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
1227211 Martin Mucci 911 Panorama Trail S.
Rochester NY 14625
Ceo & President Yes 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 Explanation
Common Stock Acquisiton 2016-07-06 14,377 $0.00 246,516 No 4 A Direct
Common Stock Acquisiton 2016-07-06 24,075 $0.00 270,591 No 4 A Direct
Common Stock Acquisiton 2016-07-06 53,439 $0.00 324,030 No 4 A Direct
Common Stock Acquisiton 2016-07-07 40,000 $31.95 364,030 No 4 M Direct
Common Stock Disposition 2016-07-07 40,000 $60.63 324,030 No 4 S Direct
Common Stock Acquisiton 2016-07-07 12,675 $31.95 336,705 No 4 M Direct
Common Stock Disposition 2016-07-07 12,675 $60.63 324,030 No 4 S Direct
Common Stock Acquisiton 2016-07-07 13,290 $24.21 337,320 No 4 M Direct
Common Stock Disposition 2016-07-07 13,290 $60.63 324,030 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 A Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M 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 Disposition 2016-07-07 40,000 $0.00 40,000 $31.95
Common Stock Stock Option Disposition 2016-07-07 12,675 $0.00 12,675 $31.95
Common Stock Stock Option Disposition 2016-07-07 13,290 $0.00 13,290 $24.21
Common Stock Stock Option Acquisiton 2016-07-06 208,590 $60.84 208,590 $60.84
Common Stock Stock Option Acquisiton 2016-07-06 294,812 $60.84 294,812 $60.84
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2009-07-10 2018-07-09 No 4 M Direct
0 2009-07-10 2018-07-09 No 4 M Direct
0 2010-07-09 2019-07-08 No 4 M Direct
208,590 2017-07-06 2026-07-05 No 4 A Direct
294,812 2017-07-06 2026-07-05 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,042 Indirect 401(k)
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option $43.91 2008-07-17 2017-07-17 30,000 30,000 Direct
Common Stock Stock Option $26.02 2011-07-07 2020-07-06 29,786 29,786 Direct
Common Stock Stock Option $31.34 2012-07-06 2021-07-05 206,422 206,422 Direct
Common Stock Stock Option $31.63 2014-07-07 2021-07-06 315,000 315,000 Direct
Common Stock Stock Option $31.65 2013-07-11 2022-07-10 274,869 274,869 Direct
Common Stock Stock Option $38.48 2014-07-10 2023-07-09 237,844 237,844 Direct
Common Stock Stock Option $41.70 2015-07-09 2024-07-08 195,313 195,313 Direct
Common Stock Stock Option $47.32 2016-07-08 2025-07-07 206,801 206,801 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2017-07-17 30,000 30,000 Direct
2020-07-06 29,786 29,786 Direct
2021-07-05 206,422 206,422 Direct
2021-07-06 315,000 315,000 Direct
2022-07-10 274,869 274,869 Direct
2023-07-09 237,844 237,844 Direct
2024-07-08 195,313 195,313 Direct
2025-07-07 206,801 206,801 Direct
Footnotes
  1. Award of restricted stock, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
  2. Grant of restricted stock, subject to vesting, based on achievement of multi-year performance metrics, pursuant to the Amended and Restated 2002 Stock Incentive Plan.
  3. Award of restricted stock, subject to vesting, pursuant to the performance award under the Amended and Restated 2002 Stock Incentive Plan.
  4. 401(k) balance as of June 1, 2016.
  5. Grant 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.
  6. Updated balance reflects cancellation of unvested options following Performance Period.