SEC Form 4 · accession 0001127602-16-051833
Arthur J. Gallagher & Co. · AJG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas K Howell
Officer — VP & Chief Financial Officer
Period of report
May 10, 2016
Accepted (ET)
May 11, 2016 · 6:00 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 10, 2016 | M | 2,590 | $27.03 | A | 35,626 | D | |
| Common Stock | May 10, 2016 | F | 1,983 | $47.57 | D | 33,643 | D | |
| Common StockF1 | holding | — | — | — | 350 | I | By Spouse |
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 | $27.03 | May 10, 2016 | M | 2,590 | D | — | May 16, 2016 | Common Stock | 2,590 | 0 | D |
Explanation of responses
- F1The reporting person has no voting or invesment power over these shares and disclaims beneficial ownership.
- F2The stock option becomes exercisable 10% each year, commencing January 1 after the date of grant.