Sreenivasa Kutam - 06 Nov 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
06 Nov 2024
Net transactions value
-$11,692,500
Form type
4
Filing time
08 Nov 2024, 16:15:37 UTC
Previous filing
04 Sep 2024
Next filing
14 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADP Common Stock Options Exercise $2,014,503 +14,542 +55% $138.53 41,139 06 Nov 2024 Direct F1
transaction ADP Common Stock Options Exercise $2,296,916 +13,524 +33% $169.84 54,663 06 Nov 2024 Direct F1
transaction ADP Common Stock Options Exercise $1,323,978 +9,022 +17% $146.75 63,685 06 Nov 2024 Direct F1
transaction ADP Common Stock Options Exercise $1,526,420 +7,379 +12% $206.86 71,064 06 Nov 2024 Direct F1
transaction ADP Common Stock Options Exercise $55,285 +515 +0.72% $107.35 71,579 06 Nov 2024 Direct F1
transaction ADP Common Stock Sale $121,200 -404 -0.56% $300.00 71,175 06 Nov 2024 Direct F1
transaction ADP Common Stock Sale $312,600 -1,042 -1.5% $300.00 70,133 06 Nov 2024 Direct F1
transaction ADP Common Stock Sale $1,982,700 -6,609 -9.4% $300.00 63,524 06 Nov 2024 Direct F1
transaction ADP Common Stock Sale $2,240,700 -7,469 -12% $300.00 56,055 06 Nov 2024 Direct F1
transaction ADP Common Stock Sale $3,464,100 -11,547 -21% $300.00 44,508 06 Nov 2024 Direct F1
transaction ADP Common Stock Sale $3,571,200 -11,904 -27% $300.00 32,604 06 Nov 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 $55,285 -515 -100% $107.35 0 06 Nov 2024 Common Stock 515 $107.35 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise $1,323,978 -9,022 -100% $146.75 0 06 Nov 2024 Common Stock 9,022 $146.75 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise $2,296,916 -13,524 -100% $169.84 0 06 Nov 2024 Common Stock 13,524 $169.84 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise $2,014,503 -14,542 -75% $138.53 4,848 06 Nov 2024 Common Stock 14,542 $138.53 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise $1,526,420 -7,379 -50% $206.86 7,380 06 Nov 2024 Common Stock 7,379 $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.