SEC Form 4 · accession 0001127602-15-009621
Arthur J. Gallagher & Co. · AJG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Patrick Gallagher Jr.
Officer — President & CEO · Director
Period of report
Feb 27, 2015
Accepted (ET)
Mar 3, 2015 · 4:53 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 27, 2015 | M | 18,450 | $27.10 | A | 186,365 | D | |
| Common Stock | Feb 27, 2015 | M | 50,000 | $27.25 | A | 236,365 | D | |
| Common StockF1 | Feb 27, 2015 | S | 64,450 | $47.21 | D | 171,915 | 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 OptionF2 | $27.10 | Feb 27, 2015 | M | 18,450 | D | — | May 16, 2015 | Common Stock | 18,450 | 0 | D |
| Non-qualified Stock OptionF2 | $27.25 | Feb 27, 2015 | M | 50,000 | D | — | Jul 20, 2015 | Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1The price reported is an average weighted price. The shares were sold in multiple transactions at prices ranging from $46.99 to $47.40. The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2The stock option becomes exercisable 10% each year, commencing January 1 after the date of grant.