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Arthur J. Gallagher & Co. — Director's Dealing 2013
May 23, 2013
29910_dirs_2013-05-23_e924e7db-9016-4e0f-956c-cf4e846e12f5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GALLAGHER ARTHUR J & CO (AJG)
CIK: 0000354190
Period of Report: 2013-05-21
Reporting Person: HOWELL DOUGLAS K (VP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-05-21 | Common Stock | A | 66520 | — | Acquired | 93508 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 18248.272 | Direct |
| Common Stock | 302 | Indirect |
| Common Stock (restricted) | 34605 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Notional Stock Units | $0 | Common Stock (16779) | 16779 | Direct | |
| Notional Stock Units | $0 | Common Stock (10177) | 10177 | Direct | |
| Notional Stock Units | $0 | Common Stock (53571) | 53571 | Direct |
Footnotes
F1: This reported acquisition of stock resulted from the Company's allocation of the reporting person's unvested account balance in the "Age 62 Plan," one of the Company's nonqualified deferred compensation plans, to an account tied to the value of the Company's common stock. Under the Age 62 Plan, the Company contributes to the plan on the participant's behalf, and awards deemed invested in the Company's common stock must be settled in shares of Company common stock. 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 account balance is deemed invested. The reported shares of stock were allocated to the reporting person's account under the Age 62 Plan as of May 21, 2013.
F2: The reporting person has no voting or invesment power over these shares and disclaims beneficial ownership.
F3: Each notional stock unit represents a right to receive one share of Gallagher common stock.
F4: The notional stock units become payable on July 1, 2014.
F5: The notional stock units become payable on July 1, 2018.
F6: The notional stock units become payable following the reporting person's separation from service with Gallagher.