Daniel S. Glaser - Feb 28, 2022 Form 4 Insider Report for MARSH & MCLENNAN COMPANIES, INC. (MMC)

Role
President and CEO, MMC, Director
Signature
/s/ Connnor Kuratek, Attorney-in-fact
Stock symbol
MMC
Transactions as of
Feb 28, 2022
Transactions value $
-$6,157,860
Form type
4
Date filed
3/2/2022, 03:23 PM
Previous filing
Feb 24, 2022
Next filing
Mar 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMC Common Stock Options Exercise $0 +72.3K +71.54% $0.00 173K Feb 28, 2022 Direct F1
transaction MMC Common Stock Tax liability -$6.16M -40K -23.06% $153.99 133K Feb 28, 2022 Direct F1
holding MMC Common Stock 65K Feb 28, 2022 By Grantor Retained Annuity Trust

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 MMC Restricted Stock Units Options Exercise $0 -72.3K -100% $0.00* 0 Feb 28, 2022 Common Stock 72.3K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting and distribution to reporting person of 72,312 shares underlying restricted stock units of which 39,990 were withheld by Marsh & McLennan Companies to cover applicable taxes. These 72,312 shares underlying restricted stock units relate to 10,557 restricted stock units that were granted on February 19, 2019 and 61,755 restricted stock units relating to performance stock units that were granted on February 19, 2019 for the performance period 2019-2021.
F2 The security converts to Marsh & McLennan Companies common stock on a 1-for-1 basis.
F3 Not Applicable.