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

Oct 30, 2013

29910_dirs_2013-10-30_3608e8db-0933-4600-bf15-63896ea04011.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: GALLAGHER ARTHUR J & CO (AJG)
CIK: 0000354190
Period of Report: 2013-10-23

Reporting Person: GALLAGHER THOMAS JOSEPH (VICE PRESIDENT)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 111714 Direct
Common Stock 85875 Indirect
Common Stock 8534 Indirect
Common Stock 92890 Indirect
Common Stock 31671 Indirect
Common Stock 55280 Indirect
Common Stock (restricted) 10580 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Non-qualified Stock Option $33.28 2014-04-01 Common Stock (1502) Direct
Non-qualified Stock Option $29.42 2014-07-22 Common Stock (30000) Direct
Non-qualified Stock Option $27.25 2015-07-21 Common Stock (25000) Direct
Non-qualified Stock Option $24.13 2017-03-02 Common Stock (8276) Direct
Non-qualified Stock Option $28.65 2017-05-15 Common Stock (2917) Direct
Non-qualified Stock Option $23.76 2018-03-05 Common Stock (3552) Direct
Non-qualified Stock Option $30.95 2018-03-08 Common Stock (11500) Direct
Non-qualified Stock Option $35.71 2019-03-16 Common Stock (15200) Direct
Non-qualified Stock Option $39.17 2020-03-13 Common Stock (21300) Direct

Footnotes

F1: 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.

F2: These shares are held by the reporting person's son and daughter sharing his household.

F3: The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.

F4: These shares are held in trusts, for the benefit of the reporting person's children, of which his wife is a trustee.

F5: The stock option becomes exercisable 10% each year, commencing January 1 after the date of grant.

F6: The stock option becomes exercisable 20% each year on the anniversary of the grant date.

F7: One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.