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AUTOMATIC DATA PROCESSING INC — Director's Dealing 2003
Oct 1, 2003
29846_dirs_2003-10-01_e4f9a228-ce1a-4048-8528-fbb5bfae901b.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: AUTOMATIC DATA PROCESSING INC (ADP)
CIK: 0000008670
Period of Report: 2003-08-11
Reporting Person: BUTLER GARY C (President & COO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2003-08-11 | Stock Option (Right to Buy) | $37.81 | A | 135000 | Acquired | 2013-08-10 | Common Stock (135000.00) | Direct |
| 2003-08-11 | Stock Option (Right to Buy) | $37.81 | A | 65000 | Acquired | 2013-08-10 | Common Stock (65000.00) | Direct |
Footnotes
F1: Effective October 1, 2003, for stock options granted after January 1, 1999, optionees who retire who are at least 55 years old and who have been employed by the Company for at least 10 years will, subject to the following sentence, have up to 36 months to exercise their vested options, and optionees who retire who are at least 55 years old and who have been employed by the Company for at least 5 years but less than 10 years will, subject to the following sentence, have up to 12 months to exercise their vested options. The options' normal expiration dates will not, in any event, be modified or otherwise changed.
F2: Vests equally over 5 years beginning in 2005
F3: Will vest equally over 5 years