Joseph DeSilva - 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
-$616,419
Form type
4
Filing time
06 Sep 2023, 16:12:44 UTC
Previous filing
07 Aug 2023
Next filing
23 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADP Common Stock Award $0 +3,421 +21% $0.000000 19,594 01 Sep 2023 Direct F1
transaction ADP Common Stock Tax liability $449,353 -1,757 -9% $255.75 17,837 01 Sep 2023 Direct
transaction ADP Common Stock Sale $167,066 -658 -3.7% $253.90 17,179 05 Sep 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.