Joel D. Cavaness - 08 Jun 2023 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Signature
/s/ Seth Diehl, by power of attorney
Issuer symbol
AJG
Transactions as of
08 Jun 2023
Net transactions value
-$389,306
Form type
4
Filing time
12 Jun 2023, 18:17:08 UTC
Previous filing
08 May 2023
Next filing
18 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock Options Exercise $90,976 +1,600 +79% $56.86 3,623 08 Jun 2023 By Spouse
transaction AJG Common Stock Options Exercise $81,351 +1,150 +32% $70.74 4,773 08 Jun 2023 By Spouse
transaction AJG Common Stock Sale $561,632 -2,750 -58% $204.23 2,023 08 Jun 2023 By Spouse
holding AJG Common Stock 135,178 08 Jun 2023 Direct
holding AJG Common Stock 293 08 Jun 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 -1,600 -100% $0.000000* 0 08 Jun 2023 Common Stock 1,600 $56.86 Direct F1
transaction AJG Non-qualified Stock Option Options Exercise $0 -1,150 -5.9% $0.000000 18,300 08 Jun 2023 Common Stock 1,150 $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.