Patrick Murphy Gallagher - 15 Mar 2023 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 Mar 2023
Net transactions value
-$119,713
Form type
4
Filing time
17 Mar 2023, 19:54:13 UTC
Previous filing
14 Mar 2023
Next filing
18 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AJG Common Stock (restricted) Options Exercise $0 -1,525 -23% $0.000000 5,055 15 Mar 2023 Direct
transaction AJG Common Stock Options Exercise $0 +1,525 +4.5% $0.000000 35,659 15 Mar 2023 Direct
transaction AJG Common Stock Tax liability $119,713 -676 -1.9% $177.09 34,983 15 Mar 2023 Direct
transaction AJG Common Stock Gift $0 +170 +0.21% $0.000000 81,237 16 Mar 2023 By Trust F4
holding AJG Common Stock 8,912 15 Mar 2023 By Spouse as Trustee F1
holding AJG Common Stock 182 15 Mar 2023 Gallagher 401(k) plan account
holding AJG Common Stock 7,618 15 Mar 2023 By Spouse's Trust F2
holding AJG Common Stock 18,168 15 Mar 2023 By Trust F3
holding AJG Common Stock 54,393 15 Mar 2023 By Irrevocable Trust

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 Award $0 +6,160 $0.000000 6,160 15 Mar 2023 Common Stock 6,160 $177.09 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held in trusts, for the benefit of the reporting person's children, of which his wife is sole trustee.
F2 Shares held in revocable trust of which the reporting person's spouse is sole Trustee and as to which he disclaims beneficial ownership.
F3 Shares held in trust for the benefit of the reporting person's children, of which he is a trustee.
F4 Shares held in trust for the benefit of the reporting person's children, of which he is a trustee.
F5 One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.