Richard C. Cary - Sep 16, 2021 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
Controller, CAO
Signature
/s/ Seth Diehl, by power of attorney
Stock symbol
AJG
Transactions as of
Sep 16, 2021
Transactions value $
-$443,586
Form type
4
Date filed
9/20/2021, 01:58 PM
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock Options Exercise $96.1K +2.2K +6.25% $43.71* 37.4K Sep 16, 2021 Direct
transaction AJG Common Stock Options Exercise $79.6K +1.4K +3.75% $56.86 38.8K Sep 16, 2021 Direct
transaction AJG Common Stock Options Exercise $69.6K +984 +2.54% $70.74 39.7K Sep 16, 2021 Direct
transaction AJG Common Stock Sale -$689K -4.58K -11.53% $150.32 35.2K Sep 16, 2021 Direct F1
holding AJG Common Stock 121 Sep 16, 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 Non-qualified Stock Option Options Exercise $0 -2.2K -100% $0.00* 0 Sep 16, 2021 Common Stock 2.2K $43.71 Direct F2
transaction AJG Non-qualified Stock Option Options Exercise $0 -1.4K -50.02% $0.00 1.4K Sep 16, 2021 Common Stock 1.4K $56.86 Direct F2
transaction AJG Non-qualified Stock Option Options Exercise $0 -984 -33.36% $0.00 1.97K Sep 16, 2021 Common Stock 984 $70.74 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is an average weighted price. The shares were sold in multiple transactions at prices ranging from $150.14 to $150.55. The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.