Katherine Brennan - 28 Feb 2024 Form 4 Insider Report for MARSH & MCLENNAN COMPANIES, INC. (MMC)

Role
SVP and General Counsel
Signature
/s/ Tessa Patti, Attorney-in-fact
Issuer symbol
MMC
Transactions as of
28 Feb 2024
Net transactions value
-$399,474
Form type
4
Filing time
01 Mar 2024, 16:05:29 UTC
Previous filing
23 Feb 2024
Next filing
20 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMC Common Stock Options Exercise $0 +3,557 +223% $0.000000 5,150 28 Feb 2024 Direct F1
transaction MMC Common Stock Tax liability $399,474 -1,968 -38% $202.98 3,182 28 Feb 2024 Direct F1

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 Restricted Stock Units Options Exercise $0 -3,557 -86% $0.000000 579 28 Feb 2024 Common Stock 3,557 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting and distribution to reporting person of 3,557 shares underlying restricted stock units of which 1,968 were withheld by Marsh & McLennan Companies to cover applicable taxes. These 3,557 shares underlying restricted stock units relate to 745 restricted stock units that were granted on February 22, 2021, 578 restricted stock units that were granted on February 23, 2022 and 2,234 restricted stock units relating to performance stock units that were granted on February 22, 2021 for the performance period 2021-2023.
F2 The security converts to Marsh & McLennan Companies common stock on a 1-for-1 basis.
F3 Not Applicable