Paychex Director Sebo Files To Sell 200,000 Shares (PAYX)
Newstraders - December 22, 1998 15:06
Source: Form 144 released today by the SEC
Transaction: Proposed Sale
Company filed on: Paychex Inc. (PAYX)
Filed by: John Sebo
Filer's relationship to company: Director
Number of shares: 200,000
Aggregate market value: $9.2 million
Approximate date of sale: Dec. 18
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lest anyone gets their panties in a bind before xmas, as of 7 aug 98,
this represents less than 7% of sebo's shares. via the most recent
proxy ...
sec.gov
Of Shares Of Shares
Beneficially Beneficially
Amount of Owned, Shares Owned, Shares
Beneficial That May Be Disclaimed as to
Ownership of Percent of Acquired Within Beneficial
Name Common Stock Class (1) 60 Days Ownership (2)
- ------------------- ------------ ---------- --------------- ----------------
More than 5% owners:
B. Thomas
Golisano 18,706,353 11.4% 230,253 (3)
911 Panorama Trail South Rochester, New York 14625
Directors:
B. Thomas
Golisano 18,706,353 11.4% 230,253 (3)
Donald W.
Brinckman 84,375 (4)
Steven D. Brooks 12,750 (4) 11,250
G. Thomas Clark 505,454 (4) 345,331 (3)
Phillip Horsley 229,671 (4) 53,158 8,155
Grant M. Inman 253,130 (4) 53,158 6,804
Harry P.
Messina, Jr. 271,645 (4) 53,158 184,173
J. Robert Sebo 2,907,874 1.8% 7,534
Named Executive Officers:
Walter Turek 606,714 (4) 490,663
Edmund S. Russo 236,068 (4) 204,893
Eugene R.
Polisseni 3,504,894 2.1% 66,601 416,569
John M. Morphy 1,198 (4)
All Directors and
Officers of the
Company as a
Group (15 persons) 27,350,274 16.6% 1,149,974 968,716
______________________________
(1) Based upon the number of shares of common stock outstanding as of June
30, 1998, including shares which may be acquired within 60 days by exercise of
options. The shares which may be acquired within 60 days by exercise of
options are considered outstanding only when determining the amount and percent
owned by the applicable individual or group.
(2) Included in this column are shares with respect to each individual which
are directly owned by certain relatives with whom they are presumed to share
voting and/or investment power, and as to which the individual disclaims
beneficial ownership.
(3) Mr. Golisano and Mr. Clark are trustees of a foundation that owns 230,253
shares for which beneficial ownership is disclaimed.
(4) Indicates percentage is less than 1%. |
