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

Role
SVP and General Counsel
Signature
/s/ Tessa Patti, Attorney-in-fact
Stock symbol
MMC
Transactions as of
Feb 28, 2023
Transactions value $
-$321,589
Form type
4
Date filed
3/2/2023, 03:52 PM
Previous filing
Feb 27, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMC Common Stock Options Exercise $0 +3.57K $0.00 3.57K Feb 28, 2023 Direct F1
transaction MMC Common Stock Tax liability -$322K -1.98K -55.35% $162.83 1.59K Feb 28, 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 -3.57K -65.23% $0.00 1.9K Feb 28, 2023 Common Stock 3.57K 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 3,568 shares underlying restricted stock units of which 1,975 were withheld by Marsh & McLennan Companies to cover applicable taxes. These 3,568 shares underlying restricted stock units relate to 561 restricted stock units that were granted on February 19, 2020, 745 restricted stock units that were granted on February 22, 2021, 578 restricted stock units that were granted on February 23, 2022 and 1,684 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