Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AJG | Non-qualified Stock Option | Award | $0 | +9.71K | $0.00 | 9.71K | Mar 1, 2024 | Common Stock | 9.71K | $243.54 | Direct | F1 | |
transaction | AJG | Phantom Stock | Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities | $400K | +1.65K | +2.46% | $243.13 | 68.6K | Mar 4, 2024 | Common Stock | 1.65K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date. |
F2 | Each share of phantom stock represents a right to receive one share of Gallagher common stock. |
F3 | These shares represent awards under the Age 62 Plan, a nonqualified deferred compensation plan of the Company, which have been deemed invested in Company common stock at the election of the reporting person. Participants vest in these awards when they attain age 62, or after a one-year period for participants who have attained age 61. |