Nicholas Mark Studer - 28 Feb 2022 Form 4 Insider Report for MARSH & MCLENNAN COMPANIES, INC. (MMC)

Signature
/s/ Connnor Kuratek, Attorney-in-fact
Issuer symbol
MMC
Transactions as of
28 Feb 2022
Transactions value $
-$250,996
Form type
4
Date filed
02 Mar 2022, 15:14
Previous filing
24 Feb 2022
Next filing
27 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMC Common Stock Options Exercise $0 +3.46K $0.00 3.46K 28 Feb 2022 Direct F1
transaction MMC Common Stock Tax liability -$251K -1.63K -47.06% $153.99 1.83K 28 Feb 2022 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 Restricted Stock Units Options Exercise $0 -3.46K -39.77% $0.00 5.25K 28 Feb 2022 Common Stock 3.46K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting and distribution to reporting person of 3,464 shares underlying restricted stock units of which 1,630 were withheld by Marsh & McLennan Companies to cover applicable taxes. These 3,464 shares underlying restricted stock units relate to 588 restricted stock units that were granted on February 19, 2019, 1,720 restricted stock units relating to performance stock units that were granted on February 19, 2019 for the performance period 2019-2021, 617 restricted stock units that were granted on February 19, 2020 and 539 restricted stock units that were granted on February 22, 2021.
F2 The security converts to Marsh & McLennan Companies common stock on a 1-for-1 basis.
F3 Not Applicable.