Paul Beswick - 28 Feb 2023 Form 4 Insider Report for MARSH & MCLENNAN COMPANIES, INC. (MMC)

Signature
/s/ Tessa Patti, Attorney-in-fact
Issuer symbol
MMC
Transactions as of
28 Feb 2023
Net transactions value
-$331,359
Form type
4
Filing time
02 Mar 2023, 15:51:34 UTC
Previous filing
27 Feb 2023
Next filing
07 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMC Common Stock Options Exercise $0 +4,208 +38% $0.000000 15,427 28 Feb 2023 Direct F1
transaction MMC Common Stock Tax liability $331,359 -2,035 -13% $162.83 13,392 28 Feb 2023 Direct F1

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 -4,208 -100% $0.000000* 0 28 Feb 2023 Common Stock 4,208 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 4,208 shares underlying restricted stock units of which 2,035 were withheld by Marsh & McLennan Companies to cover applicable taxes. These 4,208 shares underlying restricted stock units relate to 1,052 restricted stock units that were granted on February 19, 2020, and 3,156 restricted stock units relating to performance stock units that were granted on February 19, 2020 for the performance period 2020-2022.
F2 The security converts to Marsh & McLennan Companies common stock on a 1-for-1 basis.
F3 Not Applicable