SEC Form 4 · accession 0001127602-15-020540
Arthur J. Gallagher & Co. · AJG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James W Durkin Jr.
Officer — Vice President
Period of report
Jun 10, 2015
Accepted (ET)
Jun 12, 2015 · 12:32 pm EDT
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 | Jun 10, 2015 | M | 9,000 | $27.25 | A | 302,956 | D | |
| Common StockF1 | Jun 10, 2015 | S | 9,000 | $47.94 | D | 293,956 | 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 | $27.25 | Jun 10, 2015 | M | 9,000 | D | — | Jul 20, 2015 | Common Stock | 9,000 | 0 | D |
Explanation of responses
- F1The price reported is an average weighted price. The shares were sold in multiple transactions at prices ranging from $47.92 to $47.99. 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.