Christopher C. Miskel - 01 Mar 2022 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
Director
Signature
/s/ Seth Diehl, by power of attorney
Issuer symbol
AJG
Transactions as of
01 Mar 2022
Net transactions value
+$27,500
Form type
4
Filing time
03 Mar 2022, 18:33:15 UTC
Previous filing
13 May 2021
Next filing
13 May 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 $27,500 +176 $156.10 176 01 Mar 2022 Common Stock 176 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 This acquisition resulted from the reporting person's election (pursuant to the Company's Director Deferral Plan) to defer the reporting person's annual cash retainer, which the Company pays on a quarterly basis, into deferred share units that will be distributed in the form of the Company's common stock.
F3 The notional stock units become payable in January 2034 in accordance with the reporting person's election.