Mark C. Mcgivney - 02 Aug 2024 Form 4 Insider Report for MARSH & MCLENNAN COMPANIES, INC. (MMC)

Role
Chief Financial Officer
Signature
/s/ Tessa Patti, Attorney-in-fact
Issuer symbol
MMC
Transactions as of
02 Aug 2024
Net transactions value
-$1,656,017
Form type
4
Filing time
06 Aug 2024, 16:07:30 UTC
Previous filing
06 Mar 2024
Next filing
26 Aug 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 $1,220,149 +10,265 +30% $118.86 43,943 02 Aug 2024 Direct F1
transaction MMC Common Stock Sale $855,880 -3,791 -8.6% $225.77 40,152 02 Aug 2024 Direct F1, F2
transaction MMC Common Stock Sale $1,377,305 -6,074 -15% $226.75 34,078 02 Aug 2024 Direct F1, F3
transaction MMC Common Stock Sale $90,923 -400 -1.2% $227.31 33,678 02 Aug 2024 Direct F1, F4
transaction MMC Common Stock Options Exercise $618,098 +5,200 +15% $118.86 38,878 05 Aug 2024 Direct F1
transaction MMC Common Stock Sale $1,170,156 -5,200 -13% $225.03 33,678 05 Aug 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 Stock Options (Right to Buy) Options Exercise $0 -10,265 -15% $0.000000 56,128 02 Aug 2024 Common Stock 10,265 $118.86 Direct F1, F5
transaction MMC Stock Options (Right to Buy) Options Exercise $0 -5,200 -9.3% $0.000000 50,928 05 Aug 2024 Common Stock 5,200 $118.86 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.140 to $226.130. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.210 to $227.190. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $227.290 to $227.325. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
F5 These options were granted on February 19, 2020 and vested in four equal annual installments on February 19th of 2021, 2022, 2023 and 2024.