Form 4 for AJG Arthur J. Gallagher & Co.
Accepted 2023-03-17 00:00:00 ET · period of report 2023-03-15 · accession 0001127602-23-010762 · 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 | 2023-03-17 | 2023-03-15 | AJG | HOWELL DOUGLAS K | VP, CFO | M - OptEx | $177.09 | -3,250 | 5,675 | -36% | -$575.5K |
| D | 2023-03-17 | 2023-03-15 | AJG | HOWELL DOUGLAS K | VP, CFO | M - OptEx | $0.00 | +3,250 | 208.7K | +2% | $0 |
| D | 2023-03-17 | 2023-03-15 | AJG | HOWELL DOUGLAS K | VP, CFO | A - Grant | $0.00 | +12.1K | 12.1K | 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) | 2023-03-15 | M | D | 3,250 | $177.09 | 5,675 | D | — | — | (F1) Restricted stock units deferred into the Supplemental Plan upon vesting. |
| 2 | Derivative | Notional Stock Units | 2023-03-15 | M | A | 3,250 | $0.00 | 208,651.15 | D | $0.00 · — to — | 3,250 Common Stock | (F1) Restricted stock units deferred into the Supplemental Plan upon vesting. (F3) Each notional stock unit represents a right to receive one share of Gallagher common stock. (F4) 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. |
| 3 | Derivative | Non-qualified Stock Option | 2023-03-15 | A | A | 12,107 | $0.00 | 12,107 | D | $177.09 · — to 2030-03-15 | 12,107 Common Stock | (F2) One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date. |