SEC Form 4 · accession 0001127602-16-051687
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
May 9, 2016
Accepted (ET)
May 10, 2016 · 4:48 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 | May 9, 2016 | M | 25,897 | $27.03 | A | 65,450 | D | |
| Common Stock | May 9, 2016 | F | 19,924 | $46.99 | D | 45,526 | D | |
| Common Stock | holding | — | — | — | 150,000 | I | By Corporation | |
| Common Stock | holding | — | — | — | 66,703 | I | By Irrevocable Trust | |
| Common StockF1 | holding | — | — | — | 271,552 | I | By Spouse | |
| Common StockF2 | holding | — | — | — | 194,972 | I | By Trust |
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 OptionF3 | $27.03 | May 9, 2016 | M | 25,897 | D | — | May 16, 2016 | Common Stock | 25,897 | 0 | D |
Explanation of responses
- F1Shares held in revocable trust of which my spouse is sole Trustee and as to which I disclaim beneficial ownership.
- F2Held in trust for benefit of children.
- F3The stock option becomes exercisable 10% each year, commencing January 1 after the date of grant.