John Q. Doyle - 28 Feb 2023 Form 4 Insider Report for MARSH & MCLENNAN COMPANIES, INC. (MMC)

Role
President and CEO
Signature
/s/ Tessa Patti, Attorney-in-fact
Issuer symbol
MMC
Transactions as of
28 Feb 2023
Net transactions value
-$2,237,936
Form type
4
Filing time
02 Mar 2023, 15:54:00 UTC
Previous filing
27 Feb 2023
Next filing
23 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMC Common Stock Options Exercise $0 +26,922 +61% $0.000000 70,829 28 Feb 2023 Direct F1
transaction MMC Common Stock Tax liability $2,237,936 -13,744 -19% $162.83 57,085 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 -26,922 -82% $0.000000 5,762 28 Feb 2023 Common Stock 26,922 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 26,922 shares underlying restricted stock units of which 13,744 were withheld by Marsh & McLennan Companies to cover applicable taxes. These 26,922 shares underlying restricted stock units relate 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