Arthur J. Gallagher & Co. - Director's Dealing 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GALLAGHER ARTHUR J & CO (AJG)
CIK: 0000354190
Period of Report: 2018-05-03

Reporting Person: HOWELL DOUGLAS K (VP & Chief Financial Officer)

Date	Security	Exercise Price	Code	Shares	A/D	Underlying	Ownership
2018-05-03	Notional Stock Units	$0	I	218	Acquired	Common Stock (218)	Direct
2018-05-03	Notional Stock Units	$0	I	127	Acquired	Common Stock (127)	Direct
2018-05-03	Notional Stock Units	$0	I	53	Acquired	Common Stock (53)	Direct
2018-05-03	Notional Stock Units	$0	I	42	Acquired	Common Stock (42)	Direct
2018-05-03	Notional Stock Units	$0	I	430	Acquired	Common Stock (430)	Direct
2018-05-03	Notional Stock Units	$	I	186	Acquired	Common Stock (186)	Direct

F1: Each notional stock unit represents a right to receive one share of Gallagher common stock.

F2: The notional stock units become payable in July 2019.

F3: The notional stock units become payable in July 2020.

F4: The notional stock units become payable in July 2021.

F5: The notional stock units become payable in July 2022.

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

F7: The notional stock units become payable in July 2023.