John Ayala - 09 Sep 2024 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
09 Sep 2024
Net transactions value
-$7,959,926
Form type
4
Filing time
11 Sep 2024, 16:06:25 UTC
Previous filing
04 Sep 2024
Next filing
16 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADP Common Stock Options Exercise $1,582,982 +11,427 +36% $138.53 42,904 09 Sep 2024 Direct F1
transaction ADP Common Stock Options Exercise $1,596,959 +7,720 +18% $206.86 50,624 09 Sep 2024 Direct F1
transaction ADP Common Stock Sale $2,082,084 -7,720 -15% $269.70 42,904 09 Sep 2024 Direct F1
transaction ADP Common Stock Sale $2,795,980 -10,367 -24% $269.70 32,537 09 Sep 2024 Direct F1
transaction ADP Common Stock Sale $3,081,862 -11,427 -35% $269.70 21,110 09 Sep 2024 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 $1,582,982 -11,427 -100% $138.53 0 09 Sep 2024 Common Stock 11,427 $138.53 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise $1,596,959 -7,720 -33% $206.86 15,441 09 Sep 2024 Common Stock 7,720 $206.86 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 2023.