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

Role: President and CEO, Mercer
Signature: /s/ Tessa Patti, Attorney-in-fact
Issuer symbol: MMC
Transactions as of: 28 Feb 2024
Net transactions value: -$2,292,513
Form type: 4
Filing time: 01 Mar 2024, 16:07:59 UTC
Previous filing: 23 Feb 2024
Next filing: 06 Mar 2024
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	+20,422	+205%	$0.000000	30,401	28 Feb 2024	Direct	F1
transaction	MMC	Common Stock	Tax liability	$2,292,513	-11,294	-37%	$202.98	19,107	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	-20,422	-100%	$0.000000^*	0	28 Feb 2024	Common Stock	20,422		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 20,422 shares underlying restricted stock units of which 11,294 were withheld by Marsh & McLennan Companies to cover applicable taxes. These 20,422 shares underlying restricted stock units relate to performance stock units that were granted on February 21, 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.