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Arthur J. Gallagher & Co. — Director's Dealing 2014
Mar 4, 2014
29910_dirs_2014-03-04_a412d4a7-a225-41ef-beaa-f29feac240e7.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: 2014-02-28
Reporting Person: Bay Walter D. (General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-28 | Common Stock (restricted) | D | 8690 | — | Disposed | 14750 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-28 | Notional Stock Units | $0 | A | 8690 | Acquired | Common Stock (8690) | Direct |
Footnotes
F1: Upon the vesting of restricted stock units granted to the reporting person on March 2, 2010, the reporting person deferred the receipt of 8,690 shares of common stock and received instead 8,690 notional stock units pursuant to Gallagher's Supplemental Savings and Thrift Plan. As a result, the reporting person is reporting the disposition of 8,690 shares of common stock in exchange for an equal number of notional stock units.
F2: Each notional stock unit represents a right to receive one share of Gallagher common stock.
F3: The notional stock units become payable following the reporting person's separation from service with Gallagher.