Joel D. Cavaness - Jun 8, 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
Jun 8, 2023
Transactions value $
-$389,306
Form type
4
Date filed
6/12/2023, 06:17 PM
Previous filing
May 8, 2023
Next filing
Jul 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock Options Exercise $91K +1.6K +79.1% $56.86 3.62K Jun 8, 2023 By Spouse
transaction AJG Common Stock Options Exercise $81.4K +1.15K +31.74% $70.74 4.77K Jun 8, 2023 By Spouse
transaction AJG Common Stock Sale -$562K -2.75K -57.62% $204.23 2.02K Jun 8, 2023 By Spouse
holding AJG Common Stock 135K Jun 8, 2023 Direct
holding AJG Common Stock 293 Jun 8, 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 -1.6K -100% $0.00* 0 Jun 8, 2023 Common Stock 1.6K $56.86 Direct F1
transaction AJG Non-qualified Stock Option Options Exercise $0 -1.15K -5.91% $0.00 18.3K Jun 8, 2023 Common Stock 1.15K $70.74 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.