PAYCHEX,INC. (NASDAQ:PAYX) Files An 8-K Submission of Matters to a Vote of Security Holders

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PAYCHEX,INC. (NASDAQ:PAYX) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07

SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

(a)

The Annual Meeting of Stockholders was held on October11, 2017.

(b)

There were present at the meeting, either in person or by proxy, holders of 325,529,346 common shares. Stockholders elected the ten nominees, constituting our entire Board of Directors, to hold office until the next Annual Meeting of Stockholders in 2018; approved the advisory vote on named executive officer compensation; approved holding future advisory votes on named executive officer compensation every year; and ratified the selection of our independent registered public accounting firm.

Results of stockholder voting are as follows:

Election of Directors

For

Against

Abstain

Broker

Non-Votes

B. Thomas Golisano

265,975,638 3,465,286 365,417 55,723,005

Thomas F. Bonadio

267,336,653 2,082,250 387,438 55,723,005

Joseph G. Doody

263,725,111 5,680,797 400,433 55,723,005

David J.S. Flaschen

250,919,957 18,504,746 381,638 55,723,005

Phillip Horsley

263,729,017 5,689,795 387,529 55,723,005

Grant M. Inman

254,021,861 15,398,267 386,213 55,723,005

Martin Mucci

267,224,528 2,203,791 378,022 55,723,005

Joseph M. Tucci

240,094,781 29,341,349 370,211 55,723,005

Joseph M. Velli

263,815,279 5,605,150 385,912 55,723,005

Kara Wilson

267,507,095 1,921,078 378,168 55,723,005

Advisory Vote To Approve Named Executive Officer Compensation

For

Against

Abstain

Broker

Non-Votes

259,523,495 9,192,682 1,090,164 55,723,005

Advisory vote on the Frequency of Future Advisory Votes on Named Executive Officer Compensation

One Year

Two years

Three Years

Abstain

Broker

Non-Votes

240,257,529 3,404,909 25,319,707 824,196 55,723,005

icewa

Ratification of Selection of PricewaterhouseCoopers LLP as the Company’s Independent Registered PublicAccounting Firm

For

Against

Abstain

323,076,691 1,829,613 623,042


About PAYCHEX,INC. (NASDAQ:PAYX)

Paychex, Inc. is a provider of integrated human capital management (HCM) solutions for payroll, human resource (HR), retirement and insurance services for small- to medium-sized businesses in the United States. The Company also has operations in Germany. The Company offers services, including Payroll processing, Human Resource Services, and Accounting and Financial Services. As of May 31, 2016, the Company serviced approximately 605,000 payroll clients. It offers a portfolio of HCM services and products that allows its clients to meet their payroll and HR needs. Its payroll-related ancillary services and human resource service (HRS) offerings often leverage the information gathered in the base payroll processing service, allowing it to provide outsourcing services covering the HCM spectrum. The Company, through its HCM software-as-a-service platform, Paychex Flex, provides an integrated product suite that covers the employee life cycle from recruiting and hiring to retirement.

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