Michael Robert Pesch - May 7, 2024 Form 3 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
Vice President
Signature
/s/ Ryan Session, by power of attorney
Stock symbol
AJG
Transactions as of
May 7, 2024
Transactions value $
$0
Form type
3
Date filed
5/17/2024, 05:13 PM
Next filing
Sep 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AJG Common Stock 33.3K May 7, 2024 Direct
holding AJG Common Stock 368 May 7, 2024 Gallagher 401(k) plan account
holding AJG Common Stock 12.5K May 7, 2024 By Spouse's Trust F1
holding AJG Common Stock (restricted) 5.32K May 7, 2024 Direct

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
holding AJG Phantom Stock May 7, 2024 Common Stock 43.9K Direct F2, F3
holding AJG Non-qualified Stock Option May 7, 2024 Common Stock 7.1K $70.74 Direct F4, F5
holding AJG Non-qualified Stock Option May 7, 2024 Common Stock 6.75K $79.59 Direct F4, F6
holding AJG Non-qualified Stock Option May 7, 2024 Common Stock 7.52K $86.17 Direct F4, F7
holding AJG Non-qualified Stock Option May 7, 2024 Common Stock 7.26K $127.90 Direct F4, F8
holding AJG Non-qualified Stock Option May 7, 2024 Common Stock 4.9K $158.56 Direct F4, F9
holding AJG Non-qualified Stock Option May 7, 2024 Common Stock 3.82K $177.09 Direct F4, F10
holding AJG Notional Stock Units May 7, 2024 Common Stock 5.05K $0.00 Direct F11, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held in irrevocable trust, of which his spouse is sole Trustee.
F2 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.
F3 Each share of phantom stock represents a right to receive one share of Gallagher common stock.
F4 One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
F5 Grant date of 3/15/2018.
F6 Grant date of 3/14/2019.
F7 Grant date of 3/12/2020.
F8 Grant date of 3/16/2021.
F9 Grant date of 3/15/2022.
F10 Grant date of 3/15/2023.
F11 Portions of these notional stock units are payable to the reporting person in shares of common stock in July of 2025, 2026, 2027 and 2028 and following the reporting person's separation from service.
F12 Each notional stock unit represents a right to receive one share of Gallagher common stock.

Remarks:

Exhibit List: Ex-24: Power of Attorney.