Brock Albinson - Sep 1, 2023 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
Sep 1, 2023
Transactions value $
-$2,521,973
Form type
4
Date filed
9/6/2023, 05:12 PM
Previous filing
Aug 7, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADP Common Stock Options Exercise $336K +2.42K +23.17% $138.53 12.9K Sep 1, 2023 Direct F1
transaction ADP Common Stock Options Exercise $365K +2.15K +16.7% $169.84 15K Sep 1, 2023 Direct F1
transaction ADP Common Stock Options Exercise $340K +1.65K +10.94% $206.86 16.7K Sep 1, 2023 Direct F1
transaction ADP Common Stock Award $0 +738 +4.42% $0.00 17.4K Sep 1, 2023 Direct F2
transaction ADP Common Stock Sale -$419K -1.65K -9.45% $254.79 15.8K Sep 1, 2023 Direct F1
transaction ADP Common Stock Tax liability -$531K -2.08K -13.16% $255.75 13.7K Sep 1, 2023 Direct
transaction ADP Common Stock Sale -$548K -2.15K -15.71% $254.79 11.5K Sep 1, 2023 Direct F1
transaction ADP Common Stock Sale -$618K -2.42K -20.99% $254.79 9.13K Sep 1, 2023 Direct F1
transaction ADP Common Stock Sale -$406K -1.6K -17.51% $253.90 7.53K Sep 5, 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 -$365K -2.15K -100% $169.84 0 Sep 1, 2023 Common Stock 2.15K $169.84 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise -$336K -2.42K -50% $138.53 2.42K Sep 1, 2023 Common Stock 2.42K $138.53 Direct
transaction ADP Stock Option (Right to Buy) Options Exercise -$340K -1.65K -33.33% $206.86 3.29K Sep 1, 2023 Common Stock 1.65K $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.