Company: ADP
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001308179-25-000607
Chunk: 39

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 39
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, 2025, and assuming maximum performance for performance periods   
 not yet completed), (ii) 4,413 shares issuable pursuant to deferred restricted stock units issued prior to June 30, 2025, (iii) 183,581      
 shares issuable upon settlement of deferred stock units (“DSUs”) held by our non-employee directors as of June 30, 2025, and                 
 (iv) 1,179,267 shares issuable in settlement of restricted stock units outstanding as of June 30, 2025. The remaining balance consists       
 of 1,035,484 outstanding employee stock options. Weighted average exercise price shown in column (b) of this table does not take into        
 account PSUs, deferred restricted stock units, DSUs or restricted stock units.                                                               |
| (2) | The 2018 Omnibus Award Plan, which was approved by stockholders on November 6, 2018, is the only equity compensation plan under which        
 ADP currently grants equity awards. Includes 20,902,055 shares available for future issuance under the 2018 Omnibus Award Plan and 4,593,286 
 shares of common stock remaining available for future issuance under the Employees’ Savings-Stock Purchase Plan, each as of June             
 30, 2025. Approximately 115,830 shares of common stock were subject to purchase as of June 30, 2025, under the Employees’ Savings-Stock      
 Purchase Plan. If any award granted under the 2018 Omnibus Award Plan or the Prior Plan expires, terminates, is canceled or is forfeited     
 without being settled or exercised, shares of our common stock subject to such award will be made available for future grant under the       
 2018 Omnibus Award Plan. In addition, if shares issuable upon vesting or settlement of an award under the 2018 Omnibus Award Plan or the     
 Prior Plan are withheld by the company, or if shares owned by a participant are surrendered or tendered to the company, in payment of        
 taxes required to be withheld in respect of the award (other than an award of options or stock appreciation rights), such shares will        
 be made available for future grant under the 2018 Omnibus Award Plan. Unless cash-settled, any equity grant made under our 2018 Omnibus      
 Award Plan reduces the authorized share reserve on a one-for-one basis.                                                                      |

| Automatic Data Processing, Inc. – Proxy Statement   | |