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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant To Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report: October 15, 2020

(Date of earliest event reported)

PAYCHEX, INC.

(Exact name of registrant as specified in its charter)

DELAWARE

0-11330

16-1124166

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification Number)

911 PANORAMA TRAIL SOUTH,

ROCHESTER, NY

14625-2396

(Address of principal executive offices)

(Zip Code)

(585) 385-6666

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.01 par value

PAYX

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company   

If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   



ITEM 5.07

SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

(a)The Annual Meeting of Stockholders was held on October 15, 2020.

(b)There were present at the meeting, either in person or by proxy, holders of 318,658,876 shares of common stock entitled to vote. Stockholders elected the nine nominees, constituting our entire Board of Directors, to hold office until the next Annual Meeting of Stockholders in 2021; approved the advisory vote on named executive officer compensation; approved and amended the Paychex, Inc. 2002 Stock Incentive Plan; and ratified the selection of our independent registered public accounting firm.

Results of stockholder voting are as follows:

Broker

Election of Directors

For

Against

Abstain

Non-Votes

B. Thomas Golisano

265,344,857

8,123,666

395,747

44,794,606

Thomas F. Bonadio

269,582,156

3,852,371

429,743

44,794,606

Joseph G. Doody

269,507,650

3,909,538

447,082

44,794,606

David J.S. Flaschen

261,147,344

12,213,496

503,430

44,794,606

Pamela A. Joseph

269,288,026

4,199,317

376,927

44,794,606

Martin Mucci

269,775,673

3,749,046

339,551

44,794,606

Joseph M. Tucci

251,053,337

22,393,617

417,316

44,794,606

Joseph M. Velli

263,200,018

10,217,164

447,088

44,794,606

Kara Wilson

269,967,643

3,516,263

380,364

44,794,606

Advisory Vote to Approve Named Executive

Broker

Officer Compensation

For

Against

Abstain

Non-Votes

261,034,027

11,647,511

1,182,732

44,794,606

To Approve and Amend the Paychex, Inc.

Broker

2002 Stock Incentive Plan

For

Against

Abstain

Non-Votes

266,107,479

6,783,229

973,562

44,794,606

Ratification of Selection of PriceWaterhouseCoopers LLP

as the Company's Independent Registered Public

Accounting Firm

For

Against

Abstain

317,099,605

958,555

600,716

 

ITEM 9.01

FINANCIAL STATEMENTS AND EXHIBITS

Exhibit

number

Description

104

The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

PAYCHEX, INC.

Date:

October 16, 2020

/s/ Martin Mucci

Martin Mucci

President and Chief Executive Officer

Date:

October 16, 2020

/s/ Efrain Rivera

Efrain Rivera

Senior Vice President, Chief Financial Officer, and Treasurer