Brock Albinson - 01 Sep 2023 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 2023
Net transactions value
-$2,521,973
Form type
4
Filing time
06 Sep 2023, 16:12:27 UTC
Previous filing
07 Aug 2023
Next filing
03 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADP Common Stock Options Exercise $335,797 +2,424 +23% $138.53 12,887 01 Sep 2023 Direct F1
transaction ADP Common Stock Options Exercise $365,496 +2,152 +17% $169.84 15,039 01 Sep 2023 Direct F1
transaction ADP Common Stock Options Exercise $340,492 +1,646 +11% $206.86 16,685 01 Sep 2023 Direct F1
transaction ADP Common Stock Award $0 +738 +4.4% $0.000000 17,423 01 Sep 2023 Direct F2
transaction ADP Common Stock Sale $419,384 -1,646 -9.4% $254.79 15,777 01 Sep 2023 Direct F1
transaction ADP Common Stock Tax liability $530,937 -2,076 -13% $255.75 13,701 01 Sep 2023 Direct
transaction ADP Common Stock Sale $548,308 -2,152 -16% $254.79 11,549 01 Sep 2023 Direct F1
transaction ADP Common Stock Sale $617,611 -2,424 -21% $254.79 9,125 01 Sep 2023 Direct F1
transaction ADP Common Stock Sale $405,732 -1,598 -18% $253.90 7,527 05 Sep 2023 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 $365,496 -2,152 -100% $169.84 0 01 Sep 2023 Common Stock 2,152 $169.84 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise $335,797 -2,424 -50% $138.53 2,424 01 Sep 2023 Common Stock 2,424 $138.53 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise $340,492 -1,646 -33% $206.86 3,292 01 Sep 2023 Common Stock 1,646 $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.