Company: ADP
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001308179-25-000607
Chunk: 37

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 37
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:

| *   | Indicates less than one percent.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| (1) | Includes: (i) 88,074 shares that may be acquired upon the exercise of stock options that are exercisable on or prior to October 14, 2025 held by the following directors and executive officers/NEOs: Mr. Rodriguez, (43,900), Mr. Ayala (7,721), Ms. Black (7,721), Mr. Bonarti (6,812), Mr. DeSilva (1,987), Mr. Kutam (12,228), and Mr. McGuire (7,705); and (ii) 140,955 shares subject to stock options held by the directors and executive officers/NEOs as a group. Includes (i) 38,030 shares to be acquired prior to October 14, 2025 in connection with the vesting of restricted stock units (“RSUs”) held by the following directors and executive officers/NEOs: |

| Automatic Data Processing, Inc. – Proxy Statement   | | 36 |

| Security Ownership of Certain Beneficial Owners and Management |

|     | Mr. Rodriguez (7,982), Mr. Ayala (4,333), Ms. Black (11,740), Mr. Bonarti (3,559), Mr. DeSilva (3,134), Mr. Kutam (2,834), and Mr. McGuire (4,448); and (ii) 45,484 shares to be acquired in connection with the vesting of RSUs held by the directors and executive officers/NEOs as a group.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
 Includes: (i) 174,522 shares that were acquired by the following directors and executive officers/NEOs in connection with the vesting of performance-based stock units based on the achievement of certain financial objectives for the fiscal year 2023 through fiscal year 2025 three-year performance period: Mr. Rodriguez (68,982), Mr. Ayala (18,787), Ms. Black (36,586), Mr. Bonarti (14,202), Mr. DeSilva (8,419), Mr. Kutam (11,884), and Mr. McGuire (15,662); and (ii) 197,191 such shares acquired by the directors and executive officers/NEOs as a group.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
 Includes shares issuable upon settlement of deferred stock units held by non-