J. PATRICK GALLAGHER JR - 06 Feb 2023 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
06 Feb 2023
Transactions value $
-$4,044,150
Form type
4
Filing time
09 Feb 2023, 12:51:03 UTC
Previous filing
10 Feb 2023
Next filing
10 Mar 2023
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 $2.75M +62.9K +315.93% $43.71* 82.8K 06 Feb 2023 Direct
transaction AJG Common Stock Tax liability -$6.79M -35.1K -63.8% $193.63 19.9K 06 Feb 2023 Direct
holding AJG Common Stock 23.4K 06 Feb 2023 By Spouse's Trust F1
holding AJG Common Stock 256K 06 Feb 2023 By Corporation
holding AJG Common Stock 94.9K 06 Feb 2023 By Irrevocable Trust
holding AJG Common Stock 242K 06 Feb 2023 By Spouse F2
holding AJG Common Stock 218K 06 Feb 2023 By Trust F3
holding AJG Common Stock 215 06 Feb 2023 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 Non-qualified Stock Option Options Exercise $0 -62.9K -100% $0.00* 0 06 Feb 2023 Common Stock 62.9K $43.71 Direct F4
* 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 One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.