Joel D. Cavaness - Mar 15, 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 15, 2023
Transactions value $
-$30,105
Form type
4
Date filed
3/17/2023, 07:57 PM
Previous filing
Mar 14, 2023
Next filing
May 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock (restricted) Options Exercise $0 -500 -30.3% $0.00 1.15K Mar 15, 2023 By Spouse
transaction AJG Common Stock Options Exercise $0 +500 +0.35% $0.00 145K Mar 15, 2023 Direct
transaction AJG Common Stock Tax liability -$30.1K -170 -0.12% $177.09 145K Mar 15, 2023 Direct
holding AJG Common Stock (restricted) 0 Mar 15, 2023 Direct
holding AJG Common Stock 2.02K Mar 15, 2023 By Spouse
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 +7.65K $0.00 7.65K Mar 15, 2023 Common Stock 7.65K $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.