Douglas K. Howell - 18 Jun 2021 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
VP & Chief Financial Officer
Signature
/s/ Seth Diehl, by power of attorney
Issuer symbol
AJG
Transactions as of
18 Jun 2021
Net transactions value
+$118,225
Form type
4
Filing time
22 Jun 2021, 21:36:10 UTC
Next filing
17 Dec 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AJG Notional Stock Units Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $118,225 +848 +0.42% $139.40 204,211 18 Jun 2021 Common Stock 848 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each notional stock unit represents a right to receive one share of Gallagher common stock.
F2 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.

Remarks:

The reported transaction represents a reallocation of funds held by the reporting person in the Company's Supplemental Savings and Thrift Plan into the investment option representing shares of the Company's common stock.