THOMAS JOSEPH GALLAGHER - 03 Mar 2023 Form 4 Insider Report for Arthur J. Gallagher & Co. (AJG)

Role
VICE PRESIDENT
Signature
/s/ Seth Diehl, by power of attorney
Issuer symbol
AJG
Transactions as of
03 Mar 2023
Transactions value $
-$1,499,133
Form type
4
Filing time
07 Mar 2023, 17:23:38 UTC
Previous filing
14 Feb 2023
Next filing
14 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock Options Exercise $1,110,234 +25,400 +8.8% $43.71* 314,756 03 Mar 2023 Direct
transaction AJG Common Stock Tax liability -$2,609,367 -13,845 -4.4% $188.47 300,911 03 Mar 2023 Direct
holding AJG Common Stock 62,295 03 Mar 2023 By grantor retained annuity trust
holding AJG Common Stock 66,709 03 Mar 2023 By Irrevocable Trust
holding AJG Common Stock 32,428 03 Mar 2023 By wife
holding AJG Common Stock 117,360 03 Mar 2023 By wife as trustee F1, F2
holding AJG Common Stock 214 03 Mar 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 -25,400 -100% $0* 0 03 Mar 2023 Common Stock 25,400 $43.71 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F2 These shares are held in trusts, for the benefit of the reporting person's children, of which his wife is a trustee.
F3 One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.