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AUTOMATIC DATA PROCESSING INC — Director's Dealing 2007
May 4, 2007
29846_dirs_2007-05-04_498c8d46-4e66-4e90-91e9-edb1305560e9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AUTOMATIC DATA PROCESSING INC (ADP)
CIK: 0000008670
Period of Report: 2007-03-30
Reporting Person: WEINBACH ARTHUR F (Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-05-03 | Common Stock | M | 219500 | $21.21 | Acquired | 771970.98 | Direct |
| 2007-05-03 | Common Stock | S | 214500 | $46.48 | Disposed | 557470.98 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-03-30 | Stock Option (Right to Buy) | $ | J | 103069 | Acquired | 1988-08-08 | Common Stock (103069.00) | Direct |
| 2007-03-30 | Stock Option (Right to Buy) | $37.81 | J | 8775 | Acquired | 2013-08-10 | Common Stock (8775.00) | Direct |
| 2007-03-30 | Stock Option (Right to Buy) | $37.81 | J | 24375 | Acquired | 2013-08-10 | Common Stock (24375.00) | Direct |
| 2007-03-30 | Stock Option (Right to Buy) | $39.03 | J | 16575 | Acquired | 2014-08-10 | Common Stock (16575.00) | Direct |
| 2007-03-30 | Stock Option (Right to Buy) | $44.46 | J | 16575 | Acquired | 2015-08-10 | Common Stock (16575.00) | Direct |
| 2007-05-03 | Stock Option (Right to Buy) | $ | M | 219500 | Disposed | 1988-08-08 | Common Stock (219500.00) | Direct |
Footnotes
F1: The per-share exercise price of each option was adjusted by multipling the original exercise price by the inverse of the Adjustment Fraction (i.e., 0.9112), as calculated pursuant to ADP's March 30, 2007 tax-free spin-off of Broadridge Financial Solutions, Inc. to its stockholders.
F2: Exerciseable price varies
F3: The number of options were adjusted by the Adjustment Fraction (i.e, 1.0975), as calculated pursuant to ADP's March 30, 2007 tax-free spin-off of Broadridge Financial Solutions, Inc. to its stockholders.
F4: Will vest equally over 5 years
F5: Vests equally over 5 years beginning in 2007