PAYCHEX INC

Ticker: PAYX CUSIP: 704326107 Class: COM

CONTRAVISORY INVESTMENT MANAGEMENT, INC.'s Holding History (CIK: 0001365707)

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

Q2 2017

Shares 6,533 Value ($000) $372 Avg Close $45.43 Range $43.85 - $47.78

Q1 2017

Shares 96,176 Value ($000) $5,665 Avg Close $46.69 Range $43.94 - $48.53

Q4 2016

Shares 105,202 Value ($000) $6,405 Avg Close $43.92 Range $40.33 - $47.52

Q3 2016

Shares 108,362 Value ($000) $6,271 Avg Close $45.34 Range $43.20 - $46.70

Q2 2016

Shares 113,180 Value ($000) $6,734 Avg Close $40.17 Range $38.40 - $44.78

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2017	6,533	$372	$45.43	$43.85 - $47.78
Q1 2017	96,176	$5,665	$46.69	$43.94 - $48.53
Q4 2016	105,202	$6,405	$43.92	$40.33 - $47.52
Q3 2016	108,362	$6,271	$45.34	$43.20 - $46.70
Q2 2016	113,180	$6,734	$40.17	$38.40 - $44.78