Company: PAYX
Filing Date: 2025-08-29
Form Type: DEF 14A
Source: 0001193125-25-191789
Chunk: 60

Company: PAYCHEX INC
Filing Date: 2025-08-29
Form: DEF 14A
Chunk 60
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 Company’s common stock as of May 30, 2025, and the exercise price, multiplied by all outstanding options, whether exercisable or unexercisable. This column is not required by the rules relating to executive compensation disclosures and is not a substitute for information required by Item 402 of SEC Regulation S-Kbut rather is intended to provide additional information that stockholders may find useful. Number of Shares or Units of Stock and Market Value of Shares or Units of Stock That Have Not Vested (Columns (h) and (i)) The stock awards in this column include all time-based stock awards. For all NEOs, time-based stock awards vest one-thirdper annum over a three-year period from the date of grant. Additionally, for NEOs (excluding Mr. Ante, who joined the Company in April 2025), this column includes performance-based stock awards granted during fiscal 2024 and 2023 for which the performance conditions have been met. These performance-based stock awards remain subject to a one-yearservice requirement, lapsing on the third anniversary of the grant date. The stock awards in this column for Mr. Ante include time-based Paychex RSUs and RSAs that were issued on April 14, 2025 in exchange for unvested stock awards originally granted by Paycor. The stock awards remain subject to the original vesting conditions: one third vests on the first anniversary of the grant-date, and the remainder vests in eight equal quarterly installments thereafter. The following table provides information with respect to the future vesting of each NEO’s outstanding stock awards:

|                    |     | Number of Securities Vesting (#) |     |        |     |        |     |        |     |        |     |       |
|                    |     | Fiscal                           
 2026                             |     |        |     | Fiscal 
 2027   |     |        |     | Fiscal 
 2028   |     |       |
| John B. Gibson     |     |                                  |     | 33,703 |     |        |     | 27,225 |     |        |     | 2,878 |
| Robert L. Schrader |     |                                  |     |  5,334 |     |        |     |  5,935 |     |        |     |   822 |
| Adam Ante          |     |                                  |     | 35,810 |     |        |     | 22,078 |     |        |