Other Information
−Removed: 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) .
−Removed: Name & Title Date of Adoption Duration of Trading Arrangement The maximum number of securities to be sold pursuant to the trading arrangement (1)
−Removed: Chief Operating Officer
−Removed: September 10, 2024 January 3, 2025 – December 31, 2025
−Removed: Maria Black ,
−Removed: President and Chief Executive Officer
−Removed: September 6, 2024 January 3, 2025 – December 31, 2025
−Removed: Michael Bonarti ,
−Removed: Chief Administrative Officer
−Removed: September 9, 2024 February 3, 2025 – December 31, 2025
−Removed: Christopher D’Ambrosio ,
−Removed: Chief Strategy Officer
−Removed: September 9, 2024 February 10, 2025 – December 30, 2025
−Removed: Joseph DeSilva ,
−Removed: President, Global Sales
−Removed: September 9, 2024 January 2, 2025 – December 31, 2025
−Removed: Sreeni Kutam ,
−Removed: President, Global Product and Innovation
−Removed: September 6, 2024 January 2, 2025 – December 31, 2025
−Removed: Chief Legal Officer/General Counsel
−Removed: September 5, 2024 January 2, 2025 – December 31, 2025
−Removed: Jonathan Lehberger ,
−Removed: Corporate Controller
−Removed: September 5, 2024 January 2, 2025 – December 31, 2025
−Removed: Don McGuire ,
−Removed: Chief Financial Officer
−Removed: September 6, 2024 January 2, 2025 – December 31, 2025
−Removed: Carlos Rodriguez ,
−Removed: September 5, 2024 January 7, 2025 – December 31, 2025
−Removed: (1) Securities reported in this column reflect options, restricted stock units (“RSUs”), performance-based stock units (“PSUs”) and shares of common stock, as appropriate.
−Removed: 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.
−Removed: 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.
−Removed: The PSU amounts do not reflect the impact of tax withholding which will not be determined until the PSUs vest.
−Removed: 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.
+Added: (a) In connection with his previously announced departure from Automatic Data Processing, Inc.
+Added: (the “Company”) on March 31, 2025, John C.
+Added: Ayala entered into a separation agreement and release (“agreement”), dated January 27, 2025.
+Added: His departure constitutes a “Qualifying Termination” as defined under the Company’s Corporate Officer Severance Plan (the “Plan”) and the agreement sets forth the terms of his separation and release in accordance with the Plan.
+Added: A copy of the separation agreement and release is filed as Exhibit 10.1 hereto and incorporated herein by reference.
+Added: (c) During the fiscal quarter ended December 31, 2024, none of the Company’s directors or executive officers adopted or terminated any contract, instruction or written plan for the purchase or sale of Company securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement”.
Exhibit Number Exhibit
+Added: Separation Agreement and Release, dated January 27, 2025, by and between John C.
+Added: Ayala and Automatic Data Processing, Inc.
Certification by Maria Black pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934
13 unchanged sentences
AUTOMATIC DATA PROCESSING, INC.
−Removed: November 1, 2024 /s/ Don McGuire
+Added: January 30, 2025 /s/ Don McGuire
Chief Financial Officer
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.