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

Role
Chief Marketing Officer
Signature
/s/ Tessa Patti, Attorney-in-fact
Issuer symbol
MMC
Transactions as of
28 Feb 2023
Net transactions value
-$227,148
Form type
4
Filing time
02 Mar 2023, 16:04:10 UTC
Previous filing
27 Feb 2023
Next filing
07 Nov 2023
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 +3,406 +57% $0.000000 9,373 28 Feb 2023 Direct F1
transaction MMC Common Stock Tax liability $227,148 -1,395 -15% $162.83 7,978 28 Feb 2023 Direct F1
holding MMC Common Stock 1,622 28 Feb 2023 MMC 401(k) Savings & Investment Plan 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 -3,406 -67% $0.000000 1,686 28 Feb 2023 Common Stock 3,406 Direct F1, F3, F4
holding MMC Restricted Stk. Units (SSIP) 82 28 Feb 2023 Common Stock 82 Direct F3, F4, F5
* 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 3,406 shares underlying restricted stock units of which 1,395 were withheld by Marsh & McLennan Companies to cover applicable taxes. These 3,406 shares underlying restricted stock units relate to 561 restricted stock units that were granted on February 19, 2020, 638 restricted stock units that were granted on February 22, 2021, 523 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 Reflects shares acquired by the Marsh & McLennan Companies 401(k) Savings & Investment Plan (SIP) Custodian at prevailing market prices. Information reported herein is based on reporting person's Plan Statement as of December 31, 2022.
F3 The security converts to Marsh & McLennan Companies common stock on a 1-for-1 basis.
F4 Not Applicable
F5 Reflects additional stock units acquired by the Supplemental Savings & Investment Plan (SSIP) Custodian at prevailing market prices. Information reported herein is based on Reporting Person's plan Statement as of year end.