Arthur J. Gallagher & Co. — Director's Dealing 2019

Mar 18, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GALLAGHER ARTHUR J & CO (AJG)
CIK: 0000354190
Period of Report: 2019-03-14

Reporting Person: GALLAGHER THOMAS JOSEPH (VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-17	Common Stock (restricted)	M	7100	—	Disposed	0	Direct
2019-03-17	Common Stock	M	7100	—	Acquired	182801	Direct
2019-03-17	Common Stock	F	2979	$80.28	Disposed	179822	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-14	Non-qualified Stock Option	$79.59	A	28200	Acquired	2026-03-14	Common Stock (28200)	Direct
2019-03-18	Phantom Stock	$	I	5648	Acquired		Common Stock (5648)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	82325	Indirect
Common Stock	66709	Indirect
Common Stock	31671	Indirect
Common Stock	55280	Indirect

Footnotes

F1: 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.

F2: These shares are held in trusts, for the benefit of the reporting person's children, of which his wife is a trustee.

F3: One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.

F4: Each share of phantom stock represents a right to receive one share of Gallagher common stock.

F5: 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.