Form 4 for AJG Arthur J. Gallagher & Co.
Accepted 2022-03-16 00:00:00 ET · period of report 2022-03-14 · accession 0001127602-22-009538 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-16 | 2022-03-14 | AJG | HOWELL DOUGLAS K | VP, CFO | A - Grant | $0.00 | +16.9K | 29.5K | +134% | $0 |
| DM | 2022-03-16 | 2022-03-14+ | AJG | HOWELL DOUGLAS K | VP, CFO | M - OptEx | $65.73 | -12.2K | 73.3K | -14% | -$798.6K |
| D | 2022-03-16 | 2022-03-14 | AJG | HOWELL DOUGLAS K | VP, CFO | F - Tax | $154.74 | -3,645 | 69.6K | -5% | -$564.0K |
| DM | 2022-03-16 | 2022-03-14+ | AJG | HOWELL DOUGLAS K | VP, CFO | M - OptEx | $0.00 | +12.2K | 215.1K | +6% | $0 |
| D | 2022-03-16 | 2022-03-16 | AJG | HOWELL DOUGLAS K | VP, CFO | I - Discretionary | $158.26 | +3,791 | 186.5K | +2% | +$600.0K |
| D | 2022-03-16 | 2022-03-15 | AJG | HOWELL DOUGLAS K | VP, CFO | A - Grant | $0.00 | +14.5K | 14.5K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock (restricted) | 2022-03-14 | A | A | 16,900 | $0.00 | 29,525 | D | — | — | (F1) Performance share units (awarded on March 14, 2019) earned and vested as of March 14, 2022. |
| 2 | Common | Common Stock (restricted) | 2022-03-14 | M | D | 8,450 | $0.00 | 21,075 | D | — | — | |
| 3 | Common | Common Stock (restricted) | 2022-03-16 | M | D | 3,700 | $162.67 | 8,925 | D | — | — | (F2) Restricted stock units deferred into the Supplemental Plan upon vesting. |
| 4 | Common | Common Stock (restricted) | 2022-03-14 | M | D | 8,450 | $154.74 | 12,625 | D | — | — | |
| 5 | Common | Common Stock | 2022-03-14 | F | D | 3,645 | $154.74 | 69,642.10 | D | — | — | |
| 6 | Common | Common Stock | 2022-03-14 | M | A | 8,450 | $0.00 | 73,287.10 | D | — | — | |
| 7 | Derivative | Notional Stock Units | 2022-03-16 | M | A | 3,700 | $0.00 | 218,811.56 | D | $0.00 · — to — | 3,700 Common Stock | (F2) Restricted stock units deferred into the Supplemental Plan upon vesting. (F4) Each notional stock unit represents a right to receive one share of Gallagher common stock. (F5) Portions of these notional stock units are payable to the reporting person in shares of common stock in July of 2021, 2022, 2023, 2025 and 2026 and following the reporting person's separation from service. |
| 8 | Derivative | Phantom Stock | 2022-03-16 | I | A | 3,791.30 | $158.26 | 186,458.14 | D | — · — to — | 3,791.30 Common Stock | (F8) These shares represent awards under the Age 62 Plan, a nonqualified deferred compensation plan of the Company, which have been deemed invested in Company common stock at the election of the reporting person. Participants vest in these awards when they attain age 62, or after a one-year period for participants who have attained age 61. (F7) Each share of phantom stock represents a right to receive one share of Gallagher common stock. |
| 9 | Derivative | Notional Stock Units | 2022-03-14 | M | A | 8,450 | $0.00 | 215,074.16 | D | $0.00 · — to — | 8,450 Common Stock | (F4) Each notional stock unit represents a right to receive one share of Gallagher common stock. (F5) Portions of these notional stock units are payable to the reporting person in shares of common stock in July of 2021, 2022, 2023, 2025 and 2026 and following the reporting person's separation from service. |
| 10 | Derivative | Non-qualified Stock Option | 2022-03-15 | A | A | 14,545 | $0.00 | 14,545 | D | $158.56 · — to 2029-03-15 | 14,545 Common Stock | (F6) One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date. |