SEC Form 4 · accession 0001127602-16-046981

Arthur J. Gallagher & Co. · AJG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Vice President

Period of report

Mar 16, 2016

Accepted (ET)

Mar 18, 2016 · 7:11 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 (restricted)	Mar 16, 2016	M	3,500	$42.97	D	14,925	D
Common Stock	Mar 16, 2016	M	3,500	$42.97	A	114,976	D
Common Stock	Mar 16, 2016	F	1,089	$42.97	D	113,887	D
Common Stock^F1	holding	—	—		—	48,708	I	By Spouse

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-qualified Stock Option^F2	$43.71	Mar 17, 2016	A	37,700	A	—	Mar 17, 2023	Common Stock	37,700	37,700	D
Phantom Stock^F4,F3,F5	—	Mar 18, 2016	A	9,292	A	—	—	Common Stock	9,292	36,222	D

F1The reporting person disclaims beneficial ownership of these securities pursuant to Rule 16a-1(a)(4). This report shall not be deemed an admission that the reporting person is, for purposes of Section 16 or otherwise, the beneficial owner of such securities.
F2One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
F3Each share of phantom stock represents a right to receive one share of Gallagher common stock.
F4The reported transaction resulted from the Company's allocation of an award to the reporting person under the Company's Age 62 Plan.
F5These 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.