UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549



FORM 8-K



CURRENT REPORT



Pursuant To Section 13 or 15(d) of the

Securities Exchange Act of 1934



Date of Report: October 11, 2018 

(Date of earliest event reported)



PAYCHEX, INC.

(Exact name of registrant as specified in its charter)





 

 

 

 

DELAWARE

 

0-11330

 

16-1124166

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification Number)







 

 

 

 

911 PANORAMA TRAIL SOUTH,

ROCHESTER, NEW YORK

 

14625-2396

(Address of principal executive offices)

 

(Zip Code)



(585) 385-6666

(Registrant’s telephone number, including area code)



N/A

(Former name or former address, if changed since last report.)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:





 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)





 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)





 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))





 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).



Emerging growth company   ☐



If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐

 

 

 



 

ITEM 5.07

SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS



(a)

The Annual Meeting of Stockholders was held on October 11, 2018.



(b)

There were present at the meeting, either in person or by proxy, holders of 322,550,874 shares of common stock entitled to vote. Stockholders elected the nine nominees, constituting our entire Board of Directors, to hold office until the next Annual Meeting of Stockholders in 2019; approved the advisory vote on named executive officer compensation; 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

 

 264,437,030 

 

 

 4,698,076 

 

 

 417,878 

 

 

 52,997,890 

 

Thomas F. Bonadio

 

 265,808,088 

 

 

 3,327,998 

 

 

 416,898 

 

 

 52,997,890 

 

Joseph G. Doody

 

 265,482,112 

 

 

 3,661,069 

 

 

 409,803 

 

 

 52,997,890 

 

David J.S. Flaschen

 

 260,376,287 

 

 

 8,766,465 

 

 

 410,232 

 

 

 52,997,890 

 

Pamela A. Joseph

 

 268,453,439 

 

 

 736,818 

 

 

 362,727 

 

 

 52,997,890 

 

Martin Mucci

 

 266,322,566 

 

 

 2,819,375 

 

 

 411,043 

 

 

 52,997,890 

 

Joseph M. Tucci

 

 245,010,470 

 

 

 22,578,555 

 

 

 1,963,959 

 

 

 52,997,890 

 

Joseph M. Velli

 

 263,649,277 

 

 

 5,499,547 

 

 

 404,160 

 

 

 52,997,890 

 

Kara Wilson

 

 266,198,012 

 

 

 2,994,314 

 

 

 360,658 

 

 

 52,997,890 

 









 

 

 

 

 

 

 

 

 

 

 

 

Advisory Vote To Approve Named Executive Officer Compensation

 

For

 

Against

 

Abstain

 

Broker

Non-Votes



 

 257,972,115 

 

 

 10,478,460 

 

 

 1,102,409 

 

 

 52,997,890 

 







icewa

 

 

 

 

 

 

 

 

 

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

 

For

 

Against

 

Abstain



 

 320,580,682 

 

 

 1,255,502 

 

 

 714,690 

 



 





 

 

 

SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.



7

 

 

 



 

 

 



 

 

PAYCHEX, INC.



 

 

Date:

October 12, 2018

 

/s/ Martin Mucci



 

 

Martin Mucci



 

 

President and Chief Executive Officer



 

 

Date:

October 12, 2018

 

/s/ Efrain Rivera



 

 

Efrain Rivera



 

 

Senior Vice President, Chief Financial Officer, and Treasurer