John Q. Doyle - 28 Feb 2024 Form 4 Insider Report for MARSH & MCLENNAN COMPANIES, INC. (MMC)

Role
President and CEO
Signature
/s/ Tessa Patti, Attorney-in-fact
Issuer symbol
MMC
Transactions as of
28 Feb 2024
Transactions value $
-$2,997,885
Form type
4
Filing time
01 Mar 2024, 16:06:41 UTC
Previous filing
23 Feb 2024
Next filing
16 Jan 2025
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 +28,930 +50.68% $0 86,015 28 Feb 2024 Direct F1
transaction MMC Common Stock Tax liability -$2,997,885 -14,769 -17.17% $202.98 71,246 28 Feb 2024 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 -28,930 -83.39% $0 5,762 28 Feb 2024 Common Stock 28,930 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 28,930 shares underlying restricted stock units of which 14,769 were withheld by Marsh & McLennan Companies to cover applicable taxes. These 28,930 shares underlying restricted stock units relate to performance stock units that were granted on February 22, 2021 for the performance period 2021-2023.
F2 The security converts to Marsh & McLennan Companies common stock on a 1-for-1 basis.
F3 Not Applicable