Maria Black - 01 Sep 2022 Form 4 Insider Report for AUTOMATIC DATA PROCESSING INC (ADP)

Role
Corp. VP
Signature
David Kwon (POA on File)
Issuer symbol
ADP
Transactions as of
01 Sep 2022
Net transactions value
-$9,957,659
Form type
4
Filing time
06 Sep 2022, 17:22:52 UTC
Previous filing
05 Aug 2022
Next filing
03 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADP Common Stock Options Exercise $1,582,982 +11,427 +27% $138.53 54,190 01 Sep 2022 Direct F1
transaction ADP Common Stock Options Exercise $1,461,643 +8,606 +16% $169.84 62,796 01 Sep 2022 Direct F1
transaction ADP Common Stock Options Exercise $951,674 +6,485 +10% $146.75 69,281 01 Sep 2022 Direct F1
transaction ADP Common Stock Award $0 +5,717 +8.3% $0.000000 74,998 01 Sep 2022 Direct F2
transaction ADP Common Stock Sale $1,576,439 -6,485 -8.6% $243.09 68,513 01 Sep 2022 Direct F1
transaction ADP Common Stock Tax liability $1,796,492 -7,304 -11% $245.96 61,209 01 Sep 2022 Direct
transaction ADP Common Stock Sale $2,092,033 -8,606 -14% $243.09 52,603 01 Sep 2022 Direct F1
transaction ADP Common Stock Sale $2,777,789 -11,427 -22% $243.09 41,176 01 Sep 2022 Direct F1
transaction ADP Common Stock Sale $1,714,907 -6,974 -17% $245.90 34,202 02 Sep 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ADP Stock Option (Right to Buy) Options Exercise $951,674 -6,485 -100% $146.75 0 01 Sep 2022 Common Stock 6,485 $146.75 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise $1,461,643 -8,606 -50% $169.84 8,607 01 Sep 2022 Common Stock 8,606 $169.84 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise $1,582,982 -11,427 -33% $138.53 22,853 01 Sep 2022 Common Stock 11,427 $138.53 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in September 2021.
F2 In the form of restricted stock units, which are convertible into common stock on a one-for-one basis and vest ratably over 3 years.