SEC Form 4 · accession 0001127602-17-003393
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
Nov 4, 2016
Accepted (ET)
Feb 1, 2017 · 5:59 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 4, 2016 | G | 1,950 | $0.00 | D | 32,066 | D | |
| Common StockF1 | Nov 4, 2016 | G | 1,950 | $0.00 | A | 2,300 | I | By Spouse |
| Common Stock | Nov 15, 2016 | G | 480 | $0.00 | D | 31,586 | D | |
| Common Stock | Jan 30, 2017 | M | 6,364 | $28.65 | A | 37,950 | D | |
| Common Stock | Jan 30, 2017 | S | 6,364 | $53.95 | D | 31,586 | D | |
| Common Stock | Jan 31, 2017 | M | 5,011 | $28.65 | A | 36,597 | D | |
| Common Stock | Jan 31, 2017 | S | 5,011 | $53.95 | D | 31,586 | 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 | $28.65 | Jan 30, 2017 | M | 6,364 | D | — | May 15, 2017 | Common Stock | 6,364 | 5,011 | D |
| Non-qualified Stock OptionF2 | $28.65 | Jan 31, 2017 | M | 5,011 | D | — | May 15, 2017 | Common Stock | 5,011 | 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 20% each year on the anniversary of the grant date.