SEC Form 4 · accession 0001127602-15-012069
Arthur J. Gallagher & Co. · AJG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter D. Bay
Officer — General Counsel
Period of report
Mar 18, 2015
Accepted (ET)
Mar 19, 2015 · 4:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000354190
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2,F1,F3 | — | Mar 18, 2015 | A | 5,281 | A | — | — | Common Stock | 5,281 | 45,373 | D |
Explanation of responses
- F1Each share of phantom stock represents a right to receive one share of Gallagher common stock.
- F2The reported transaction resulted from the Company's allocation of an award to the reporting person under the Company's Age 62 Plan.
- F3These shares represent awards under the Age 62 Plan, a nonqualified deferred compensation plan of the Company, which have been deemed invested in Company common stock at the election of the reporting person. Participants vest in these awards when they attain age 62, or after a one-year period for participants who have attained age 61.