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

Role: VP & Chief Financial Officer
Signature: /s/ Seth Diehl, by power of attorney
Stock symbol: AJG
Transactions as of: Jun 18, 2021
Transactions value $: $118,225
Form type: 4
Date filed: 6/22/2021, 09:36 PM
Next filing: Dec 17, 2021

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	$118K	+848	+0.42%	$139.40	204K	Jun 18, 2021	Common Stock	848	$0.00	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.