J. Patrick Gallagher Jr - 03 Jun 2022 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
President & CEO, Director
Signature
/s/ Seth Diehl, by power of attorney
Issuer symbol
AJG
Transactions as of
03 Jun 2022
Transactions value $
-$644,968
Form type
4
Filing time
06 Jun 2022, 18:18:49
Previous filing
05 May 2022
Next filing
15 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock Options Exercise $0 +9.48K +7.35% $0.00 138K 03 Jun 2022 Direct
transaction AJG Common Stock Tax liability -$645K -3.98K -2.87% $162.21 134K 03 Jun 2022 Direct
holding AJG Common Stock 23.4K 03 Jun 2022 By Spouse's Trust F1
holding AJG Common Stock 256K 03 Jun 2022 By Corporation
holding AJG Common Stock 66.7K 03 Jun 2022 By Irrevocable Trust
holding AJG Common Stock 243K 03 Jun 2022 By Spouse F2
holding AJG Common Stock 219K 03 Jun 2022 By Trust F3
holding AJG Common Stock 215 03 Jun 2022 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 Phantom Stock Options Exercise $0 -9.48K -6.47% $0.00 137K 03 Jun 2022 Common Stock 9.48K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held in trust for the benefit of my children of which I am sole Trustee.
F2 Shares held in revocable trust of which my spouse is sole Trustee and as to which I disclaim beneficial ownership.
F3 Held in trust for benefit of children.
F4 Each share of phantom stock represents a right to receive one share of Gallagher common stock.
F5 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.