John Jude Jones - 28 Feb 2024 Form 4 Insider Report for MARSH & MCLENNAN COMPANIES, INC. (MMC)

Role
Chief Marketing Officer
Signature
/s/ Tessa Patti, Attorney-in-fact
Issuer symbol
MMC
Transactions as of
28 Feb 2024
Net transactions value
-$319,295
Form type
4
Filing time
01 Mar 2024, 16:15:10 UTC
Previous filing
23 Feb 2024
Next filing
08 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 +3,078 +39% $0.000000 11,056 28 Feb 2024 Direct F1
transaction MMC Common Stock Tax liability $319,295 -1,573 -14% $202.98 9,483 28 Feb 2024 Direct F1
holding MMC Common Stock 1,694 28 Feb 2024 MMC 401(k) Savings & Investment Plan F2

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 -3,078 -85% $0.000000 524 28 Feb 2024 Common Stock 3,078 Direct F1, F3, F4
holding MMC Restricted Stk. Units (SSIP) 102 28 Feb 2024 Common Stock 102 Direct F3, F4, F5
* 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 3,078 shares underlying restricted stock units of which 1,573 were withheld by Marsh & McLennan Companies to cover applicable taxes. These 3,078 shares underlying restricted stock units relate to 639 restricted stock units that were granted on February 22, 2021, 523 restricted stock units that were granted on February 23, 2022 and 1,916 restricted stock units relating to performance stock units that were granted on February 22, 2021 for the performance period 2021-2023.
F2 Reflects shares acquired by the Marsh & McLennan Companies 401(k) Savings & Investment Plan (SIP) Custodian at prevailing market prices. Information reported herein is based on reporting person's Plan Statement as of February 28, 2024.
F3 The security converts to Marsh & McLennan Companies common stock on a 1-for-1 basis.
F4 Not Applicable
F5 Reflects additional stock units acquired by the Supplemental Savings & Investment Plan (SSIP) Custodian at prevailing market prices. Information reported herein is based on Reporting Person's Plan Statement as February 28, 2024.