J. Patrick Gallagher Jr - Feb 6, 2023 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
President & CEO, Director
Signature
/s/ Seth Diehl, by power of attorney
Stock symbol
AJG
Transactions as of
Feb 6, 2023
Transactions value $
-$4,044,150
Form type
4
Date filed
2/9/2023, 12:51 PM
Previous filing
Feb 10, 2023
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock Options Exercise $2.75M +62.9K +315.93% $43.71* 82.8K Feb 6, 2023 Direct
transaction AJG Common Stock Tax liability -$6.79M -35.1K -63.8% $193.63 19.9K Feb 6, 2023 Direct
holding AJG Common Stock 23.4K Feb 6, 2023 By Spouse's Trust F1
holding AJG Common Stock 256K Feb 6, 2023 By Corporation
holding AJG Common Stock 94.9K Feb 6, 2023 By Irrevocable Trust
holding AJG Common Stock 242K Feb 6, 2023 By Spouse F2
holding AJG Common Stock 218K Feb 6, 2023 By Trust F3
holding AJG Common Stock 215 Feb 6, 2023 Gallagher 401(k) plan account

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 AJG Non-qualified Stock Option Options Exercise $0 -62.9K -100% $0.00* 0 Feb 6, 2023 Common Stock 62.9K $43.71 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held in trust for the benefit of my children of which I am sole Trustee.
F2 Shares held in revocable trust of which my spouse is sole Trustee and as to which I disclaim beneficial ownership.
F3 Held in trust for benefit of children.
F4 One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.