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

Role
President & CEO, Marsh
Signature
/s/ Tessa Patti, Attorney-in-fact
Issuer symbol
MMC
Transactions as of
28 Feb 2023
Net transactions value
-$645,947
Form type
4
Filing time
02 Mar 2023, 16:00:30 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 +7,171 +484% $0.000000 8,653 28 Feb 2023 Direct F1
transaction MMC Common Stock Tax liability $645,947 -3,967 -46% $162.83 4,686 28 Feb 2023 Direct F1, F2

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 -7,171 -49% $0.000000 7,584 28 Feb 2023 Common Stock 7,171 Direct F1, F3, F4
* 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 7,171 shares underlying restricted stock units of which 3,967 were withheld by Marsh & McLennan Companies to cover applicable taxes. These 7,171 shares underlying restricted stock units relate to 1,403 restricted stock units that were granted on February 19, 2020, 1,560 restricted stock units that were granted on February 22, 2021 and 4,208 restricted stock units relating to performance stock units that were granted on February 19, 2020 for the performance period 2020-2022.
F2 Includes 181.3 shares acquired under the Marsh & McLennan Companies Employee Stock Purchase Plan for the quarters ended March 31, June 30, September 30 and December 31, 2022.
F3 The security converts to Marsh & McLennan Companies common stock on a 1-for-1 basis.
F4 Not Applicable