Nicholas Mark Studer - 28 Feb 2023 Form 4 Insider Report for MARSH & MCLENNAN COMPANIES, INC. (MMC)

Role
President and CEO of OWG
Signature
/s/ Tessa Patti, Attorney-in-fact
Issuer symbol
MMC
Transactions as of
28 Feb 2023
Net transactions value
-$230,404
Form type
4
Filing time
02 Mar 2023, 15:59:18 UTC
Previous filing
27 Feb 2023
Next filing
23 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMC Common Stock Options Exercise $0 +3,008 +164% $0.000000 4,842 28 Feb 2023 Direct F1
transaction MMC Common Stock Tax liability $230,404 -1,415 -29% $162.83 3,427 28 Feb 2023 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 -3,008 -42% $0.000000 4,091 28 Feb 2023 Common Stock 3,008 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 3,008 shares underlying restricted stock units of which 1,415 were withheld by Marsh & McLennan Companies to cover applicable taxes. These 3,008 shares underlying restricted stock units relate to 617 restricted stock units that were granted on February 19, 2020, 539 restricted stock units that were granted on February 22, 2021 and 1,852 restricted stock units relating to performance stock units that were granted on February 19, 2020 for the performance period 2020-2022.
F2 The security converts to Marsh & McLennan Companies common stock on a 1-for-1 basis.
F3 Not Applicable