John Ayala - 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 $
-$13,459,636
Form type
4
Date filed
9/6/2023, 04:12 PM
Previous filing
Aug 7, 2023
Next filing
Dec 12, 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 +27.62% $138.53 52.8K Sep 1, 2023 Direct F1
transaction ADP Common Stock Options Exercise $1.46M +8.61K +16.3% $169.84 61.4K Sep 1, 2023 Direct F1
transaction ADP Common Stock Options Exercise $1.6M +7.72K +12.57% $206.86 69.1K Sep 1, 2023 Direct F1
transaction ADP Common Stock Award $0 +4.53K +6.55% $0.00 73.6K Sep 1, 2023 Direct F2
transaction ADP Common Stock Sale -$1.97M -7.72K -10.48% $254.79 65.9K Sep 1, 2023 Direct F1
transaction ADP Common Stock Sale -$2.19M -8.61K -13.06% $254.79 57.3K Sep 1, 2023 Direct F1
transaction ADP Common Stock Sale -$2.91M -11.4K -19.93% $254.79 45.9K Sep 1, 2023 Direct F1
transaction ADP Common Stock Tax liability -$3.38M -13.2K -28.79% $255.75 32.7K Sep 1, 2023 Direct
transaction ADP Common Stock Sale -$3.01M -11.9K -36.27% $253.90 20.8K Sep 5, 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 -$1.46M -8.61K -100% $169.84 0 Sep 1, 2023 Common Stock 8.61K $169.84 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise -$1.58M -11.4K -50% $138.53 11.4K Sep 1, 2023 Common Stock 11.4K $138.53 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise -$1.6M -7.72K -25% $206.86 23.2K Sep 1, 2023 Common Stock 7.72K $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.