SEC Form 4 · accession 0001127602-16-068477
Arthur J. Gallagher & Co. · AJG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Joseph Gallagher
Officer — VICE PRESIDENT
Period of report
Nov 23, 2016
Accepted (ET)
Nov 28, 2016 · 3:40 pm EST
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 | Nov 23, 2016 | M | 2,917 | $28.65 | A | 158,424 | D | |
| Common Stock | Nov 23, 2016 | M | 3,552 | $23.76 | A | 161,976 | D | |
| Common Stock | Nov 23, 2016 | F | 4,729 | $51.49 | D | 157,247 | D | |
| Common Stock | holding | — | — | — | 86,760 | I | By grantor retained annuity trust | |
| Common Stock | holding | — | — | — | 66,709 | I | By Irrevocable Trust | |
| Common Stock | holding | — | — | — | 31,671 | I | By wife | |
| Common StockF1,F2 | holding | — | — | — | 55,280 | I | By wife as trustee |
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 | $28.65 | Nov 23, 2016 | M | 2,917 | D | — | May 15, 2017 | Common Stock | 2,917 | 0 | D |
| Non-qualified Stock OptionF3 | $23.76 | Nov 23, 2016 | M | 3,552 | D | — | Mar 5, 2018 | Common Stock | 3,552 | 0 | D |
Explanation of responses
- F1The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- F2These shares are held in trusts, for the benefit of the reporting person's children, of which his wife is a trustee.
- F3The stock option becomes exercisable 20% each year on the anniversary of the grant date.