SEC Form 4 · accession 0001127602-16-062398
Arthur J. Gallagher & Co. · AJG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Walter D. Bay
Officer — General Counsel
Period of report
Sep 8, 2016
Accepted (ET)
Sep 12, 2016 · 4:29 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 | Sep 8, 2016 | M | 1,200 | $24.13 | A | 10,349 | D | |
| Common Stock | Sep 12, 2016 | M | 6,638 | $29.25 | A | 16,987 | D | |
| Common StockF1 | Sep 12, 2016 | F | 5,349 | $50.24 | D | 11,638 | 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 | $24.13 | Sep 8, 2016 | M | 1,200 | D | — | Mar 2, 2017 | Common Stock | 1,200 | 0 | D |
| Incentive Stock Option (Right to Buy)F2 | $29.25 | Sep 12, 2016 | M | 6,638 | D | — | Aug 16, 2017 | Common Stock | 6,638 | 0 | D |
Explanation of responses
- F1These shares were delivered by the reporting person to pay the stock option exercise price.
- F2The stock option becomes exercisable 20% each year on the anniversary of the grant date.