Mark H. Bloom - May 10, 2022 Form 3 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: May 10, 2022
Transactions value $: $0
Form type: 3
Date filed: 5/20/2022, 06:59 PM
Next filing: Mar 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	AJG	Common Stock (restricted)						1.03K	May 10, 2022	Direct	F1, F2

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
holding	AJG	Phantom Stock							May 10, 2022	Common Stock	1.58K		Direct	F3, F4
holding	AJG	Non-qualified Stock Option							May 10, 2022	Common Stock	4.9K	$158.56	Direct	F2, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock unit award vesting five years after the date of grant.
F2	Grant date of 3/15/2022.
F3	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.
F4	Each share of phantom stock represents a right to receive one share of Gallagher common stock.
F5	One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.