Joel D. Cavaness - Feb 23, 2022 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
Feb 23, 2022
Transactions value $
$63,624
Form type
4
Date filed
2/25/2022, 05:45 PM
Previous filing
Nov 18, 2021
Next filing
Mar 16, 2022

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 Award $63.6K +414 +4.09% $153.73 10.5K Feb 23, 2022 Common Stock 414 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 at the following times: over a two year period beginning July 2023; over a five year period beginning July 2027; in a lump sum on July 2028; over a five year period beginning July 2028; and in a lump sum following the reporting person's separation from service.