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Arthur J. Gallagher & Co. — Director's Dealing 2022
Mar 16, 2022
29910_dirs_2022-03-16_37ef2051-0007-40c9-b27b-bc6a69bd52fb.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: 2022-03-14
Reporting Person: Cavaness Joel D (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-14 | Common Stock (restricted) | A | 10350 | — | Acquired | 10350 | Direct |
| 2022-03-14 | Common Stock (restricted) | M | 10350 | — | Disposed | 0 | Direct |
| 2022-03-14 | Common Stock | M | 10350 | — | Acquired | 125478 | Direct |
| 2022-03-14 | Common Stock | F | 3791 | $154.74 | Disposed | 121687 | Direct |
| 2022-03-16 | Common Stock (restricted) | M | 600 | — | Disposed | 1585 | Indirect |
| 2022-03-16 | Common Stock | M | 600 | — | Acquired | 2217.63 | Indirect |
| 2022-03-16 | Common Stock | F | 203 | $162.67 | Disposed | 2014.63 | Indirect |
| 2022-03-16 | Common Stock (restricted) | A | 65 | — | Acquired | 1650 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-15 | Non-qualified Stock Option | $158.56 | A | 9490 | Acquired | 2029-03-15 | Common Stock (9490) | Direct |
| 2022-03-16 | Phantom Stock | $ | A | 315.938 | Acquired | Common Stock (315.938) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 214.63 | Indirect |
Footnotes
F1: Performance share units (awarded on March 14, 2019) earned and vested as of March 14, 2022.
F2: Restricted stock unit award vesting five years after the date of grant.
F3: Consists of 9,185 stock options granted to the reporting person and 305 stock options granted to the reporting person's spouse.
F4: One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
F5: Each share of phantom stock represents a right to receive one share of Gallagher common stock.
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.