AI assistant
Arthur J. Gallagher & Co. — Director's Dealing 2018
Mar 19, 2018
29910_dirs_2018-03-19_835de309-5705-4296-a1d9-76fc870177ed.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: 2018-03-15
Reporting Person: Cavaness Joel D (Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-15 | Non-qualified Stock Option | $70.74 | A | 18300 | Acquired | 2025-03-15 | Common Stock (18300) | Direct |
| 2018-03-19 | Phantom Stock | $ | I | 4219 | Acquired | Common Stock (4219) | Direct |
Footnotes
F1: One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
F2: Each share of phantom stock represents a right to receive one share of Gallagher common stock.
F3: These shares represent awards under the Age 62 Plan, a nonqualified deferred compensation plan of the Company, which have been deemed invested in Company common stock at the election of the reporting person. Participants vest in these awards when they attain age 62, or after a one-year period for participants who have attained age 61.