Maria Black - Sep 1, 2022 Form 4 Insider Report for AUTOMATIC DATA PROCESSING INC (ADP)

Role
Corp. VP
Signature
David Kwon (POA on File)
Stock symbol
ADP
Transactions as of
Sep 1, 2022
Transactions value $
-$9,957,659
Form type
4
Date filed
9/6/2022, 05:22 PM
Previous filing
Aug 5, 2022
Next filing
Jan 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADP Common Stock Options Exercise $1.58M +11.4K +26.72% $138.53 54.2K Sep 1, 2022 Direct F1
transaction ADP Common Stock Options Exercise $1.46M +8.61K +15.88% $169.84 62.8K Sep 1, 2022 Direct F1
transaction ADP Common Stock Options Exercise $952K +6.49K +10.33% $146.75 69.3K Sep 1, 2022 Direct F1
transaction ADP Common Stock Award $0 +5.72K +8.25% $0.00 75K Sep 1, 2022 Direct F2
transaction ADP Common Stock Sale -$1.58M -6.49K -8.65% $243.09 68.5K Sep 1, 2022 Direct F1
transaction ADP Common Stock Tax liability -$1.8M -7.3K -10.66% $245.96 61.2K Sep 1, 2022 Direct
transaction ADP Common Stock Sale -$2.09M -8.61K -14.06% $243.09 52.6K Sep 1, 2022 Direct F1
transaction ADP Common Stock Sale -$2.78M -11.4K -21.72% $243.09 41.2K Sep 1, 2022 Direct F1
transaction ADP Common Stock Sale -$1.71M -6.97K -16.94% $245.90 34.2K Sep 2, 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 -$952K -6.49K -100% $146.75 0 Sep 1, 2022 Common Stock 6.49K $146.75 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise -$1.46M -8.61K -50% $169.84 8.61K Sep 1, 2022 Common Stock 8.61K $169.84 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise -$1.58M -11.4K -33.33% $138.53 22.9K Sep 1, 2022 Common Stock 11.4K $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.