Christopher C. Miskel - Mar 1, 2023 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
Director
Signature
/s/ Seth Diehl, by power of attorney
Stock symbol
AJG
Transactions as of
Mar 1, 2023
Transactions value $
$30,000
Form type
4
Date filed
3/3/2023, 07:03 PM
Previous filing
Dec 5, 2022
Next filing
May 11, 2023

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 AJG Notional Stock Units Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $30K +160 +23.55% $187.78 838 Mar 1, 2023 Common Stock 160 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each notional stock unit represents a right to receive one share of Gallagher common stock.
F2 This acquisition resulted from the reporting person's election (pursuant to the Company's Director Deferral Plan) to defer the reporting person's annual cash retainer, which the Company pays on a quarterly basis, into deferred share units that will be distributed in the form of the Company's common stock.
F3 The notional stock units become payable in January 2034 in accordance with the reporting person's election.