AI assistant
AUTOMATIC DATA PROCESSING INC — Director's Dealing 2014
Oct 1, 2014
29846_dirs_2014-10-01_99981412-d790-4b11-b7a4-1d499ae7d9d4.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CDK Global, Inc. (CDK)
CIK: 0001609702
Period of Report: 2014-09-29
Reporting Person: AUTOMATIC DATA PROCESSING INC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-09-29 | Common Stock | J | 160604478 | — | Acquired | 160604478 | Direct |
| 2014-09-30 | Common Stock | J | 160604478 | — | Disposed | 0 | Direct |
Footnotes
F1: On September 29, 2014, in connection with the publicly announced spin-off of CDK Global, Inc. (the "Issuer") from Automatic Data Processing, Inc. ("ADP"), the Issuer converted from a Delaware limited liability company into a Delaware corporation and all of its previously outstanding units were converted into 160,604,478 shares of common stock.
F2: On September 30, 2014, ADP distributed to its stockholders, on a pro rata basis, one share of the Issuer's common stock for every three shares of ADP common stock owned as of 5:00 p.m. New York City time on September 24, 2014, the record date for the distribution.