Sreenivasa Kutam - Nov 6, 2024 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
Nov 6, 2024
Transactions value $
-$11,692,500
Form type
4
Date filed
11/8/2024, 04:15 PM
Previous filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADP Common Stock Options Exercise $2.01M +14.5K +54.68% $138.53 41.1K Nov 6, 2024 Direct F1
transaction ADP Common Stock Options Exercise $2.3M +13.5K +32.87% $169.84 54.7K Nov 6, 2024 Direct F1
transaction ADP Common Stock Options Exercise $1.32M +9.02K +16.5% $146.75 63.7K Nov 6, 2024 Direct F1
transaction ADP Common Stock Options Exercise $1.53M +7.38K +11.59% $206.86 71.1K Nov 6, 2024 Direct F1
transaction ADP Common Stock Options Exercise $55.3K +515 +0.72% $107.35 71.6K Nov 6, 2024 Direct F1
transaction ADP Common Stock Sale -$121K -404 -0.56% $300.00 71.2K Nov 6, 2024 Direct F1
transaction ADP Common Stock Sale -$313K -1.04K -1.46% $300.00 70.1K Nov 6, 2024 Direct F1
transaction ADP Common Stock Sale -$1.98M -6.61K -9.42% $300.00 63.5K Nov 6, 2024 Direct F1
transaction ADP Common Stock Sale -$2.24M -7.47K -11.76% $300.00 56.1K Nov 6, 2024 Direct F1
transaction ADP Common Stock Sale -$3.46M -11.5K -20.6% $300.00 44.5K Nov 6, 2024 Direct F1
transaction ADP Common Stock Sale -$3.57M -11.9K -26.75% $300.00 32.6K Nov 6, 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 -$55.3K -515 -100% $107.35 0 Nov 6, 2024 Common Stock 515 $107.35 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise -$1.32M -9.02K -100% $146.75 0 Nov 6, 2024 Common Stock 9.02K $146.75 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise -$2.3M -13.5K -100% $169.84 0 Nov 6, 2024 Common Stock 13.5K $169.84 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise -$2.01M -14.5K -75% $138.53 4.85K Nov 6, 2024 Common Stock 14.5K $138.53 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise -$1.53M -7.38K -50% $206.86 7.38K Nov 6, 2024 Common Stock 7.38K $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.