Company: ADP
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001308179-25-000607
Chunk: 77

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 77
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 with a market price of $296.76, in order to satisfy tax withholding 
 obligations associated with becoming eligible for full continued vesting upon separation from the company due to retirement, pursuant    
 to the terms of the September 1, 2023 RSU award agreement.                                                                               |
| (3) | Mr. Bonarti exercised                                                                                                                    
 options to purchase 7,984 shares on August 23, 2024 with an exercise price of $169.84 and a weighted average market price of $270.15;    
 26,442 shares on August 26, 2024 with an exercise price of $169.84 and a weighted average market price of $270.96; and 30,131 shares     
 on February 3, 2025 with a weighted average exercise price of $184.87 and a market price of $303.30. He acquired 13,373 shares with      
 a market price of $258.91 on August 7, 2024; and 2,342 shares with a market price of $275.91 on September 1, 2024. The Number of         
 Shares Acquired on Vesting column includes 112 shares withheld on December 13, 2024, with a market price of $296.76, in order to         
 satisfy tax withholding obligations associated with becoming eligible for full continued vesting upon separation from the company        
 due to retirement, pursuant to the terms of the September 1, 2023 RSU award agreement.                                                   |
| (4) | Mr. DeSilva exercised                                                                                                                    
 options to purchase 1,905 shares on September 3, 2024 with an exercise price of $138.53 and a market price of $274.38; 1,383 shares      
 on September 17, 2024 with an exercise price of $169.84 and a market price of $280.00; and 5,960 shares on January 2, 2025 with an       
 exercise price of $206.86 and a market price of $293.83. He acquired 7,933 shares with a market price of $258.91 on August 7, 2024;      
 1,843 shares with a market price of $275.91 on September 1, 2024; and 2,290 shares with a market price of $309.75 on June 12, 2025.      |
| (5) | Mr. Kutam exercised options