Thomas Joseph Gallagher - Sep 1, 2021 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
VICE PRESIDENT
Signature
/s/ Seth Diehl, by power of attorney
Stock symbol
AJG
Transactions as of
Sep 1, 2021
Transactions value $
-$344,605
Form type
4
Date filed
9/3/2021, 04:27 PM
Previous filing
Aug 12, 2021
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock Options Exercise $0 +5.69K +1.96% $0.00 296K Sep 1, 2021 Direct
transaction AJG Common Stock Tax liability -$345K -2.39K -0.81% $144.44 293K Sep 1, 2021 Direct
holding AJG Common Stock 96K Sep 1, 2021 By grantor retained annuity trust
holding AJG Common Stock 66.7K Sep 1, 2021 By Irrevocable Trust
holding AJG Common Stock 31.7K Sep 1, 2021 By wife
holding AJG Common Stock 55.3K Sep 1, 2021 By wife as trustee F1, F2
holding AJG Common Stock 121 Sep 1, 2021 Gallagher 401(k) plan account

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 Phantom Stock Options Exercise $0 -5.69K -54.92% $0.00 4.67K Sep 1, 2021 Common Stock 5.69K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F2 These shares are held in trusts, for the benefit of the reporting person's children, of which his wife is a trustee.
F3 Each share of phantom stock represents a right to receive one share of Gallagher common stock.
F4 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.