Item 5. Other Information
Item 5. Other Information
During the fiscal quarter ended September 30, 2024, our executive officers adopted the following trading arrangements that are intended to satisfy the affirmative defense of Rule 10b5–1(c) .
Name & Title Date of Adoption Duration of Trading Arrangement The maximum number of securities to be sold pursuant to the trading arrangement (1)
John Ayala ,
Chief Operating Officer
September 10, 2024 January 3, 2025 – December 31, 2025
47,709
Maria Black ,
President and Chief Executive Officer
September 6, 2024 January 3, 2025 – December 31, 2025
46,783
Michael Bonarti ,
Chief Administrative Officer
September 9, 2024 February 3, 2025 – December 31, 2025
43,905
Christopher D’Ambrosio ,
Chief Strategy Officer
September 9, 2024 February 10, 2025 – December 30, 2025
2,856
Joseph DeSilva ,
President, Global Sales
September 9, 2024 January 2, 2025 – December 31, 2025
19,827
Sreeni Kutam ,
President, Global Product and Innovation
September 6, 2024 January 2, 2025 – December 31, 2025
49,907
David Kwon ,
Chief Legal Officer/General Counsel
September 5, 2024 January 2, 2025 – December 31, 2025
3,470
Jonathan Lehberger ,
Corporate Controller
September 5, 2024 January 2, 2025 – December 31, 2025
4,803
Don McGuire ,
Chief Financial Officer
September 6, 2024 January 2, 2025 – December 31, 2025
24,387
Carlos Rodriguez ,
Director
September 5, 2024 January 7, 2025 – December 31, 2025
145,246
(1) Securities reported in this column reflect options, restricted stock units (“RSUs”), performance-based stock units (“PSUs”) and shares of common stock, as appropriate. In the case of RSUs, quantities included in this column reflect the full amount of RSUs as reported in an officer’s respective plan and do not reflect the impact of tax withholding which will not be determined until the RSUs vest. In the case of PSUs (which have a three-year performance period), quantities included in this column reflect the application of the actual performance factor for tranches where performance has been certified, application at target for tranches where performance is not yet complete, and inclusion of accrued dividend equivalents through the date of adoption of the trading arrangement. The PSU amounts do not reflect the impact of tax withholding which will not be determined until the PSUs vest. In addition, securities reported in this column include securities subject to limit orders and such orders may not fill if limit order conditions are not met.
39
Item 6. Exhibits
Exhibit Number Exhibit
31.1
Certification by Maria Black pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934
31.2
Certification by Don McGuire pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934
32.1
Certification by Maria Black pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2
Certification by Don McGuire pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document
101.SCH Inline XBRL Taxonomy Extension Schema
101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase
101.LAB Inline XBRL Taxonomy Label Linkbase
101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase
101.DEF Inline XBRL Taxonomy Extension Definition Document
104 Cover Page Interactive Data File - the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document
40
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
AUTOMATIC DATA PROCESSING, INC.
(Registrant)
Date: November 1, 2024 /s/ Don McGuire
Don McGuire
Chief Financial Officer
(Title)
41
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.