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

Mar 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arthur J. Gallagher & Co. (AJG)
CIK: 0000354190
Period of Report: 2021-03-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-15	Common Stock (restricted)	A	19400	—	Acquired	37375	Direct
2021-03-15	Common Stock (restricted)	M	9700	—	Disposed	27675	Direct
2021-03-15	Common Stock	M	9700	—	Acquired	62718.184	Direct
2021-03-15	Common Stock	F	3189	$127.21	Disposed	59529.184	Direct
2021-03-15	Common Stock (restricted)	M	9700	—	Disposed	17975	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-15	Notional Stock Units	$0	M	9700	Acquired		Common Stock (9700)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3165	Indirect
Common Stock	121.1	Indirect

Footnotes

F1: Performance share units (awarded on March 15, 2018) earned and vested as of March 15, 2021.

F2: The reporting person has no voting or invesment power over these shares and disclaims beneficial ownership.

F3: Each notional stock unit represents a right to receive one share of Gallagher common stock.

F4: Portions of these notional stock units are payable to the reporting person in shares of common stock in July of 2021, 2022, 2023, 2025 and 2026 and following the reporting person's separation from service.