Michael Robert Pesch - 07 May 2024 Form 3 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
Vice President
Signature
/s/ Ryan Session, by power of attorney
Issuer symbol
AJG
Transactions as of
07 May 2024
Net transactions value
$0
Form type
3
Filing time
17 May 2024, 17:13:20 UTC
Next filing
13 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AJG Common Stock 33,267 07 May 2024 Direct
holding AJG Common Stock 368 07 May 2024 Gallagher 401(k) plan account
holding AJG Common Stock 12,505 07 May 2024 By Spouse's Trust F1
holding AJG Common Stock (restricted) 5,319 07 May 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 07 May 2024 Common Stock 43,899 Direct F2, F3
holding AJG Non-qualified Stock Option 07 May 2024 Common Stock 7,100 $70.74 Direct F4, F5
holding AJG Non-qualified Stock Option 07 May 2024 Common Stock 6,750 $79.59 Direct F4, F6
holding AJG Non-qualified Stock Option 07 May 2024 Common Stock 7,520 $86.17 Direct F4, F7
holding AJG Non-qualified Stock Option 07 May 2024 Common Stock 7,255 $127.90 Direct F4, F8
holding AJG Non-qualified Stock Option 07 May 2024 Common Stock 4,900 $158.56 Direct F4, F9
holding AJG Non-qualified Stock Option 07 May 2024 Common Stock 3,823 $177.09 Direct F4, F10
holding AJG Notional Stock Units 07 May 2024 Common Stock 5,049 $0.000000 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.