John Jude Jones - 03 Nov 2023 Form 4 Insider Report for MARSH & MCLENNAN COMPANIES, INC. (MMC)

Signature
/s/ Tessa Patti, Attorney-in-fact
Issuer symbol
MMC
Transactions as of
03 Nov 2023
Net transactions value
-$502,079
Form type
4
Filing time
07 Nov 2023, 16:06:17 UTC
Previous filing
02 Mar 2023
Next filing
23 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMC Common Stock Options Exercise $445,573 +4,908 +62% $90.78 12,886 03 Nov 2023 Direct
transaction MMC Common Stock Sale $947,652 -4,908 -38% $193.08 7,978 03 Nov 2023 Direct F1
holding MMC Common Stock 1,622 03 Nov 2023 MMC 401(k) Savings & Investment Plan

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 MMC Stock Options (Right to Buy) Options Exercise $0 -4,908 -100% $0.000000* 0 03 Nov 2023 Common Stock 4,908 $90.78 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $193.001 to 193.15. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
F2 These options were granted on February 19, 2019 and vested in four equal annual installments on February 19th of 2020, 2021, 2022 and 2023.