SEC Form 4 · accession 0001127602-15-007749
Arthur J. Gallagher & Co. · AJG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard C Cary
Officer — Controller, CAO
Period of report
Feb 20, 2015
Accepted (ET)
Feb 23, 2015 · 5:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000354190
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 20, 2015 | M | 3,237 | $24.13 | A | 31,797 | D | |
| Common Stock | Feb 20, 2015 | M | 1,000 | $27.25 | A | 32,797 | D | |
| Common Stock | Feb 20, 2015 | M | 2,280 | $30.95 | A | 28,560 | D | |
| Common Stock | Feb 20, 2015 | S | 6,517 | $48.47 | D | 26,280 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock OptionF1 | $27.25 | Feb 20, 2015 | M | 1,000 | D | — | Jul 20, 2015 | Common Stock | 1,000 | 0 | D |
| Non-qualified Stock OptionF2 | $30.95 | Feb 20, 2015 | M | 2,280 | D | — | Mar 7, 2018 | Common Stock | 2,280 | 1,520 | D |
| Non-qualified Stock OptionF3 | $24.13 | Feb 20, 2015 | M | 3,237 | D | — | Mar 2, 2017 | Common Stock | 3,237 | 809 | D |
Explanation of responses
- F1The stock option becomes exercisable 10% each year, commencing January 1 after the date of grant.
- F2The stock option becomes exercisable 20% each year on the anniversary of the grant date.
- F3The stock option becomes exercisable 20% each year on the anniversary of the grant date.