SEC Form 4 · accession 0001127602-16-059718
Arthur J. Gallagher & Co. · AJG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Norman L Rosenthal
Director
Period of report
Aug 4, 2016
Accepted (ET)
Aug 8, 2016 · 3:50 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 | Aug 4, 2016 | M | 3,724 | $25.29 | A | 28,399 | D | |
| Common StockF1 | Aug 4, 2016 | S | 3,724 | $49.27 | D | 24,675 | D | |
| Common Stock | Aug 5, 2016 | M | 5,651 | $25.29 | A | 30,326 | D | |
| Common StockF2 | Aug 5, 2016 | S | 5,651 | $49.26 | D | 24,675 | 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 OptionF3 | $25.29 | Aug 4, 2016 | M | 3,724 | D | — | May 11, 2017 | Common Stock | 3,724 | 5,651 | D |
| Non-qualified Stock OptionF3 | $25.29 | Aug 5, 2016 | M | 5,651 | D | — | May 11, 2017 | Common Stock | 5,651 | 0 | D |
Explanation of responses
- F1The price reported is an average weighted price. The shares were sold in multiple transactions at prices ranging from $49.25 to $49.30. 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 price reported is an average weighted price. The shares were sold in multiple transactions at prices ranging from $49.25 to $49.33. 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.
- F3The stock option becomes exerciseable one year after the grant date.