Form 4 for AJG Arthur J. Gallagher & Co.
Accepted 2023-03-14 00:00:00 ET · period of report 2023-03-10 · accession 0001127602-23-010184 · 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 | 2023-03-14 | 2023-03-12 | AJG | HOWELL DOUGLAS K | VP, CFO | A - Grant | $0.00 | +17.1K | 26.0K | +192% | $0 |
| DM | 2023-03-14 | 2023-03-12 | AJG | HOWELL DOUGLAS K | VP, CFO | M - OptEx | $60.92 | -8,560 | 8,925 | -49% | -$521.5K |
| D | 2023-03-14 | 2023-03-12 | AJG | HOWELL DOUGLAS K | VP, CFO | F - Tax | $182.78 | -3,118 | 93.6K | -3% | -$569.9K |
| D | 2023-03-14 | 2023-03-12 | AJG | HOWELL DOUGLAS K | VP, CFO | M - OptEx | $0.00 | +8,560 | 205.4K | +4% | $0 |
| D | 2023-03-14 | 2023-03-10 | AJG | HOWELL DOUGLAS K | VP, CFO | I - Discretionary | $185.95 | +4,840 | 193.5K | +3% | +$900.0K |
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) | 2023-03-12 | A | A | 17,120 | $0.00 | 26,045 | D | — | — | (F2) Performance share units (awarded on March 12, 2020) earned and vested as of March 12, 2023. |
| 2 | Common | Common Stock (restricted) | 2023-03-12 | M | D | 8,560 | $0.00 | 17,485 | D | — | — | |
| 3 | Common | Common Stock | 2023-03-12 | F | D | 3,118 | $182.78 | 93,565.06 | D | — | — | |
| 4 | Common | Common Stock | 2023-03-12 | M | A | 8,560 | $0.00 | 96,683.06 | D | — | — | |
| 5 | Common | Common Stock (restricted) | 2023-03-12 | M | D | 8,560 | $182.76 | 8,925 | D | — | — | |
| 6 | Derivative | Notional Stock Units | 2023-03-12 | M | A | 8,560 | $0.00 | 205,401.15 | D | $0.00 · — to — | 8,560 Common Stock | (F5) Each notional stock unit represents a right to receive one share of Gallagher common stock. (F6) Portions of these notional stock units are payable to the reporting person in shares of common stock in July of 2023, 2025, 2026 and 2027 and following the reporting person's separation from service. |
| 7 | Derivative | Phantom Stock | 2023-03-10 | I | A | 4,840 | $185.95 | 193,540.15 | D | — · — to — | 4,840 Common Stock | (F4) 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. (F3) Each share of phantom stock represents a right to receive one share of Gallagher common stock. |