AI assistant
Arthur J. Gallagher & Co. — Director's Dealing 2014
Mar 4, 2014
29910_dirs_2014-03-04_34867892-f0b6-41e9-abca-40eb005d865e.zip
Director's Dealing
Open in viewerOpens in your device viewer
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: HOWELL DOUGLAS K (VP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-28 | Common Stock (restricted) | M | 3388 | $46.20 | Disposed | 31217 | Direct |
| 2014-02-28 | Common Stock | M | 3388 | $46.20 | Acquired | 23176.391 | Direct |
| 2014-02-28 | Common Stock | F | 1097 | $46.20 | Disposed | 22079.391 | Direct |
| 2014-02-28 | Common Stock (restricted) | D | 10167 | — | Disposed | 21050 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-28 | Notional Stock Units | $0 | A | 10167 | Acquired | Common Stock (10167) | Direct |
Footnotes
F1: Upon the vesting of 13,555 restricted stock units granted to the reporting person on March 2, 2010, the reporting person deferred the receipt of 10,167 of such shares of common stock and received instead 10,167 notional stock units pursuant to Gallagher's Supplemental Savings and Thrift Plan. As a result, the reporting person is reporting the disposition of 10,167 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 on July 1, 2015.