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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 7/15/20 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 723531 |
| Issuer Name: PAYCHEX INC |
| Issuer Trading Symbol: PAYX |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1072785 |
| | Owner Name: JOSEPH PAMELA A |
| Reporting Owner Address: |
| | Owner Street 1: 911 PANORAMA TRAIL SOUTH |
| | Owner Street 2: |
| | Owner City: ROCHESTER |
| | Owner State: NY |
| | Owner ZIP Code: 14625 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 7/15/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,082 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 7,819 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Stock Option |
| | Conversion or Exercise Price: |
| | | Value: 73.53 |
| | Transaction Date: |
| | | Value: 7/15/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 5,793 |
| | | Transaction Price Per Share: |
| Value: 73.53 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Value: 7/15/21 |
| | Expiration Date: |
| | | Value: 7/14/30 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 5,793 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 5,793 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Stock Option |
| | Conversion or Exercise Price: |
| | | Value: 70.37 |
| | Exercise Date: |
| | | Value: 7/12/19 |
| | Expiration Date: |
| | | Value: 7/11/28 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 10,801 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 10,801 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Stock Option |
| | Conversion or Exercise Price: |
| | | Value: 85.33 |
| | Exercise Date: |
| | | Value: 7/11/20 |
| | Expiration Date: |
| | | Value: 7/10/29 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 7,929 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 7,929 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Award of restricted stock, subject to vesting, pursuant to the Amended and Restated 2002 Stock Incentive Plan. |
| Remarks: |
| Owner Signature: |
| Signature Name: Stephanie L. Schaeffer, Attorney-in-fact |
| Signature Date: 7/17/20 |
