Christopher E. Mead - 14 Mar 2022 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Reporting relationship: VICE PRESIDENT
Issuer ticker: AJG
Reported as of: 14 Mar 2022
Net transaction value: +$160,606
SEC form: 4
Accepted by SEC: 16 Mar 2022, 20:40:35 UTC
Prior SEC filing: 25 Feb 2022
Next SEC filing: 14 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Seth Diehl, by power of attorney

Key filing fact

Christopher E. Mead filed Form 4 for Arthur J. Gallagher & Co. (AJG) on 16 Mar 2022.

Key facts

This page summarizes Christopher E. Mead's Form 4 filing for Arthur J. Gallagher & Co. (AJG).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 16 Mar 2022, 20:40.

Change

Previous filing in this sequence was filed on 25 Feb 2022.
Current net transaction value: +$160,606.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AJG transaction

Common Stock (restricted)

Award

Transaction value: $0
Shares: +4,250
Change %: +56%
Price: $0.000000
Shares after: 11,805
Date: 14 Mar 2022
Ownership: Direct
Footnotes: F1

AJG transaction

Common Stock (restricted)

Options Exercise

Transaction value: $0
Shares: -4,250
Change %: -36%
Price: $0.000000
Shares after: 7,555
Date: 14 Mar 2022
Ownership: Direct

AJG transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +4,250
Change %: +152%
Price: $0.000000
Shares after: 7,049
Date: 14 Mar 2022
Ownership: Direct

AJG transaction

Common Stock

Tax liability

Transaction value: $189,402
Shares: -1,224
Change %: -17%
Price: $154.74
Shares after: 5,825
Date: 14 Mar 2022
Ownership: Direct

AJG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 215
Date: 14 Mar 2022
Ownership: Gallagher 401(k) plan account

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AJG transaction Derivative

Non-qualified Stock Option

Award

Transaction value: $0
Shares: +8,420
Change %
Price: $0.000000
Shares after: 8,420
Date: 15 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,420
Exercise price: $158.56
Footnotes: F2

AJG transaction Derivative

Phantom Stock

Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities

Transaction value: $350,008
Shares: +2,212
Change %: +18%
Price: $158.26
Shares after: 14,196
Date: 16 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,212
Exercise price
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Performance share units (awarded on March 14, 2019) earned and vested as of March 14, 2022.

Footnote F2

One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.

Footnote F3

Each share of phantom stock represents a right to receive one share of Gallagher common stock.

Footnote 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.