Company: ADP
Filing Date: 2025-09-25
Form Type: DEF 14A
Source: 0001308179-25-000607
Chunk: 72

Company: AUTOMATIC DATA PROCESSING INC
Filing Date: 2025-09-25
Form: DEF 14A
Chunk 72
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 Kutam, $74,878; and Mr. Ayala, $98,758. Company contributions to an employee recognition pilot program: Mr. Kutam, $15.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| (c) | Life insurance and accidental death and dismemberment premiums paid by the company (available to the company’s associates generally): Ms. Black, $964; Mr. McGuire, $964; Mr. Bonarti, $948; Mr. DeSilva, $911; Mr. Kutam, $835 and Mr. Ayala, $829.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| (d) | Personal travel on the company’s aircraft with respect to Ms. Black, with an aggregate incremental cost incurred by the company of $121,817. Pursuant to company policy as chief executive officer, Ms. Black is required to reimburse the company for the amount of aggregate incremental cost in excess of $250,000 per fiscal year in connection with any personal use. Incremental cost is calculated by multiplying the personal flight time including empty aircraft positioning time, by the aircraft’s hourly variable operating cost. Variable operating cost includes maintenance, fuel, cleaning, landing fees, flight fees, catering, and crew travel expenses, including hotels, meals and transportation. Ms. Black is responsible for any income taxes related to personal use. In connection with business travel by Mr. DeSilva in August 2024 to a company sales event, certain of Mr. DeSilva’s immediate family members accompanied him on the company’s aircraft. There was no aggregate incremental cost to the company for the aircraft-related travel of these immediate family members, and Mr. DeSilva was responsible for any income taxes of such use by his family members. |
| (e) | Amount paid by the company on behalf of the executives and their spouses or significant others who accompanied them in connection with company events sponsored by the company: Mr. McGuire, $5,018; Mr. DeSilva, $3,056; and Mr. Ayala, $6,708.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| (f) | For Mr. Ayala, includes payments in connection with his qualifying termination effective March 31, 2025, pursuant to the Corporate Officer Severance Plan, including: salary continuance of $191,200; pro-rata fiscal year 2025 bonus of $921,500; and $14,800 received in accrued unused vacation pay at the time of his separation from