John Ayala - 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
-$13,459,636
Form type
4
Filing time
06 Sep 2023, 16:12:30 UTC
Previous filing
07 Aug 2023
Next filing
12 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADP Common Stock Options Exercise $1,582,844 +11,426 +28% $138.53 52,794 01 Sep 2023 Direct F1
transaction ADP Common Stock Options Exercise $1,461,813 +8,607 +16% $169.84 61,401 01 Sep 2023 Direct F1
transaction ADP Common Stock Options Exercise $1,596,959 +7,720 +13% $206.86 69,121 01 Sep 2023 Direct F1
transaction ADP Common Stock Award $0 +4,525 +6.5% $0.000000 73,646 01 Sep 2023 Direct F2
transaction ADP Common Stock Sale $1,966,979 -7,720 -10% $254.79 65,926 01 Sep 2023 Direct F1
transaction ADP Common Stock Sale $2,192,978 -8,607 -13% $254.79 57,319 01 Sep 2023 Direct F1
transaction ADP Common Stock Sale $2,911,231 -11,426 -20% $254.79 45,893 01 Sep 2023 Direct F1
transaction ADP Common Stock Tax liability $3,379,480 -13,214 -29% $255.75 32,679 01 Sep 2023 Direct
transaction ADP Common Stock Sale $3,008,969 -11,851 -36% $253.90 20,828 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 $1,461,813 -8,607 -100% $169.84 0 01 Sep 2023 Common Stock 8,607 $169.84 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise $1,582,844 -11,426 -50% $138.53 11,427 01 Sep 2023 Common Stock 11,426 $138.53 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise $1,596,959 -7,720 -25% $206.86 23,161 01 Sep 2023 Common Stock 7,720 $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.