Mark C. Mcgivney - Aug 22, 2024 Form 4 Insider Report for MARSH & MCLENNAN COMPANIES, INC. (MMC)

Signature
/s/ Tessa Patti, Attorney-in-fact
Stock symbol
MMC
Transactions as of
Aug 22, 2024
Transactions value $
-$5,416,570
Form type
4
Date filed
8/26/2024, 04:05 PM
Previous filing
Aug 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMC Common Stock Options Exercise $6.05M +50.9K +151.22% $118.87 84.6K Aug 22, 2024 Direct F1
transaction MMC Common Stock Sale -$11.5M -50.9K -60.19% $225.22 33.7K Aug 22, 2024 Direct F1, 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 Stock Options (Right to Buy) Options Exercise $0 -50.9K -100% $0.00 0 Aug 22, 2024 Common Stock 50.9K $118.87 Direct F3
* 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 to $225.580. 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 These options were granted on February 19, 2020 and vested in four equal annual installments on February 19th of 2021, 2022, 2023 and 2024.