Arthur J. Gallagher & Co. — Director's Dealing 2013

Dec 5, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GALLAGHER ARTHUR J & CO (AJG)
CIK: 0000354190
Period of Report: 2013-12-03

Reporting Person: GALLAGHER J PATRICK JR (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-13	Common Stock	G	2500	—	Disposed	102748	Indirect
2013-11-14	Common Stock	G	3500	—	Acquired	192472	Indirect
2013-11-14	Common Stock	G	3500	—	Disposed	99248	Indirect
2013-11-14	Common Stock	G	1000	—	Disposed	98248	Indirect
2013-12-03	Common Stock	J	324	—	Acquired	72871.332	Direct
2013-12-03	Common Stock	J	531	—	Acquired	98779	Indirect
2013-12-03	Common Stock	J	427	—	Acquired	427	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	150000	Indirect
Common Stock	236417	Indirect
Common Stock (restricted)	27740	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Notional Stock Units	$0		Common Stock (52548)	52548	Direct

Footnotes

F1: Shares held in revocable trust of which my spouse is sole Trustee and as to which I disclaim beneficial ownership.

F2: Held in trust for benefit of children.

F3: Pro rata distribution from JPG Family Limited Partnership, of which the reporting person is a non-managing limited partner.

F4: The Age 62 Plan is a nonqualified deferred compensation plan of the Company. Under the plan, awards that are deemed invested in Company common stock must be settled in shares of Company common stock and are disclosed on this report. Participants do not vest in awards until they attain age 62, and do not have investment or voting control with respect to the investment vehicles in which their awards are deemed invested.

F5: Each notional stock unit represents a right to receive one share of Gallagher common stock.

F6: The notional stock units become payable following the reporting person's separation from service with Gallagher.