PAYCHEX INC

Ticker: PAYX CUSIP: 704326107 Class: COM

HBK INVESTMENTS L P's Holding History (CIK: 0001011443)

Note: Option positions (PUT/CALL) are excluded.

Q3 2017

Shares 56,092 Value ($000) $3,363 Avg Close $44.58 Range $42.41 - $47.62

Q2 2017

Shares 29,200 Value ($000) $1,663 Avg Close $45.43 Range $43.85 - $47.78

Q4 2014

Shares 27,400 Value ($000) $1,265 Avg Close $32.95 Range $29.84 - $34.48

Q3 2014

Shares 10,300 Value ($000) $455 Avg Close $29.74 Range $28.45 - $31.56

Q2 2014

Shares 36,600 Value ($000) $1,521 Avg Close $28.79 Range $27.74 - $30.17

Q1 2014

Shares 13,400 Value ($000) $571 Avg Close $29.49 Range $27.78 - $31.75

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2017	56,092	$3,363	$44.58	$42.41 - $47.62
Q2 2017	29,200	$1,663	$45.43	$43.85 - $47.78
Q4 2014	27,400	$1,265	$32.95	$29.84 - $34.48
Q3 2014	10,300	$455	$29.74	$28.45 - $31.56
Q2 2014	36,600	$1,521	$28.79	$27.74 - $30.17
Q1 2014	13,400	$571	$29.49	$27.78 - $31.75