Walter D. Bay - 15 Dec 2021 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Signature
/s/ Seth Diehl, by power of attorney
Issuer symbol
AJG
Transactions as of
15 Dec 2021
Transactions value $
$499,463
Form type
4
Filing time
17 Dec 2021, 18:46:46 UTC
Next filing
02 Feb 2022

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 Notional Stock Units Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $312,162 +1,874 +65% $166.62 4,754 15 Dec 2021 Common Stock 1,873 $0 Direct F1, F2, F3
transaction AJG Notional Stock Units Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $187,300 +1,139 +24% $164.4 5,893 17 Dec 2021 Common Stock 1,139 $0 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each notional stock unit represents a right to receive one share of Gallagher common stock.
F2 Acquisition arising from the reporting person's reallocation of funds held in the Supplemental Savings and Thrift Plan into the fund representing Gallagher common stock.
F3 The notional stock units become payable following the reporting person's separation from service with Gallagher.