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Arthur J. Gallagher & Co. Director's Dealing 2021

May 18, 2021

29910_dirs_2021-05-18_be7a6c91-ca1e-4f54-8aca-8bc02013239f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arthur J. Gallagher & Co. (AJG)
CIK: 0000354190
Period of Report: 2021-05-15

Reporting Person: Cavaness Joel D (Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-05-15 Common Stock J 1524.1 Acquired 1524.1 Indirect
2021-05-15 Common Stock (restricted) J 2185 Acquired 2185 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-05-15 Phantom Stock $ J 963.2 Acquired Common Stock (963.2) Indirect
2021-05-15 Non-qualified Stock Option $43.71 J 2600 Acquired 2023-03-17 Common Stock (2600) Direct
2021-05-15 Non-qualified Stock Option $56.86 J 1600 Acquired 2024-03-16 Common Stock (1600) Direct
2021-05-15 Non-qualified Stock Option $70.74 J 1150 Acquired 2025-03-15 Common Stock (1150) Direct
2021-05-15 Non-qualified Stock Option $79.59 J 1100 Acquired 2026-03-14 Common Stock (1100) Direct
2021-05-15 Non-qualified Stock Option $86.17 J 1310 Acquired 2027-03-12 Common Stock (1310) Direct
2021-05-15 Non-qualified Stock Option $127.90 J 1210 Acquired 2028-03-16 Common Stock (1210) Direct

Footnotes

F1: Deemed acquired due to marriage on May 15, 2021.

F2: Consists of 600 RSUs granted 3/16/2017; 500 RSUs granted 3/15/2018; 450 RSUs granted 3/14/2019; 440 RSUs granted 3/12/2020; and 195 RSUs granted 3/16/2021.

F3: Restricted stock unit award vesting five years after the date of grant.

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

F5: This award was granted in 2017 and vests on March 31, 2022.

F6: These shares represent awards under the Deferred Cash Participation Plan, a nonqualified deferred compensation plan of the Company, which have been deemed invested in Company common stock at the election of the participant. Participants vest in these awards on the fifth anniversary of the date of grant.

F7: One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.