PAYCHEX INC

Ticker: PAYX CUSIP: 704326107 Class: COM

Raab & Moskowitz Asset Management LLC's Holding History (CIK: 0001616664)

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

Q4 2019

Shares 378 Value ($000) $32 Avg Close $70.68 Range $66.71 - $73.78

Q3 2018

Shares 263 Value ($000) $19 Avg Close $57.93 Range $53.90 - $61.20

Q4 2014

Shares 139 Value ($000) $6 Avg Close $32.95 Range $29.84 - $34.48

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	378	$32	$70.68	$66.71 - $73.78
Q3 2018	263	$19	$57.93	$53.90 - $61.20
Q4 2014	139	$6	$32.95	$29.84 - $34.48