Arthur J. Gallagher & Co. — Director's Dealing 2023

Mar 14, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arthur J. Gallagher & Co. (AJG)
CIK: 0000354190
Period of Report: 2023-03-10

Reporting Person: GALLAGHER J PATRICK JR (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-12	Common Stock (restricted)	A	68540	—	Acquired	68540	Direct
2023-03-12	Common Stock (restricted)	M	68540	—	Disposed	0	Direct
2023-03-12	Common Stock	M	68540	—	Acquired	135559.4435	Direct
2023-03-12	Common Stock	F	29633	$182.76	Disposed	105926.4435	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-10	Phantom Stock	$	I	12100	Acquired		Common Stock (12100)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	23448	Indirect
Common Stock	255965	Indirect
Common Stock	94888	Indirect
Common Stock	241756	Indirect
Common Stock	218485	Indirect
Common Stock	214.625	Indirect

Footnotes

F1: Performance share units (awarded on March 12, 2020) earned and vested as of March 12, 2023.

F2: Shares held in trust for the benefit of my children of which I am sole Trustee.

F3: Shares held in revocable trust of which my spouse is sole Trustee and as to which I disclaim beneficial ownership.

F4: Held in trust for benefit of children.

F5: Each share of phantom stock represents a right to receive one share of Gallagher common stock.

F6: 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.