Brock Albinson - Sep 1, 2023 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, 2023
Transactions value $
-$2,521,973
Form type
4
Date filed
9/6/2023, 04:12 PM
Previous filing
Aug 7, 2023
Next filing
Jan 3, 2024

Transactions Table

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 -$365K -2.15K -100% $169.84 0 Sep 1, 2023 Common Stock 2.15K $169.84 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise -$336K -2.42K -50% $138.53 2.42K Sep 1, 2023 Common Stock 2.42K $138.53 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise -$340K -1.65K -33.33% $206.86 3.29K Sep 1, 2023 Common Stock 1.65K $206.86 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 2022.
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.