Walter D. Bay - Mar 15, 2023 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
General Counsel
Signature
/s/ Seth Diehl, by power of attorney
Stock symbol
AJG
Transactions as of
Mar 15, 2023
Transactions value $
-$313,981
Form type
4
Date filed
3/17/2023, 07:41 PM
Previous filing
Mar 14, 2023
Next filing
Sep 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock (restricted) Options Exercise $0 -4K -41.03% $0.00 5.75K Mar 15, 2023 Direct
transaction AJG Common Stock Options Exercise $0 +4K +9.42% $0.00 46.5K Mar 15, 2023 Direct
transaction AJG Common Stock Tax liability -$314K -1.77K -3.82% $177.09 44.7K Mar 15, 2023 Direct
holding AJG Common Stock 215 Mar 15, 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 Award $0 +9.45K $0.00 9.45K Mar 15, 2023 Common Stock 9.45K $177.09 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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