Vishal Jain - Mar 6, 2023 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
VICE PRESIDENT
Signature
/s/ Seth Diehl, by power of attorney
Stock symbol
AJG
Transactions as of
Mar 6, 2023
Transactions value $
-$449,038
Form type
4
Date filed
3/8/2023, 07:28 PM
Previous filing
Mar 16, 2022
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock Options Exercise $494K +11.3K +45.82% $43.71* 36K Mar 6, 2023 Direct
transaction AJG Common Stock Tax liability -$943K -4.93K -13.71% $191.27 31K Mar 6, 2023 Direct
holding AJG Common Stock 215 Mar 6, 2023 Gallagher 401(k) plan account

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 Non-qualified Stock Option Options Exercise $0 -11.3K -100% $0.00* 0 Mar 6, 2023 Common Stock 11.3K $43.71 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grate date of 3/17/2016.
F2 One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.