SEC Form 4 · accession 0001127602-17-003916
Arthur J. Gallagher & Co. · AJG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan E Pietrucha
Officer — Chief Human Resources Officer
Period of report
Feb 2, 2017
Accepted (ET)
Feb 3, 2017 · 4:53 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 | Feb 2, 2017 | M | 2,800 | $35.71 | A | 2,800 | D | |
| Common Stock | Feb 2, 2017 | S | 2,800 | $53.91 | D | 0 | D | |
| Common Stock | Feb 2, 2017 | M | 4,134 | $39.17 | A | 4,134 | D | |
| Common StockF1 | Feb 2, 2017 | S | 4,134 | $53.91 | D | 0 | D | |
| Common Stock | Feb 2, 2017 | M | 1,500 | $26.09 | A | 1,500 | D | |
| Common Stock | Feb 2, 2017 | S | 1,500 | $53.93 | D | 0 | D | |
| Common Stock (restricted) | holding | — | — | — | 18,291 | 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 | $35.71 | Feb 2, 2017 | M | 2,800 | D | — | Mar 16, 2019 | Common Stock | 2,800 | 2,799 | D |
| Non-qualified Stock OptionF2 | $39.17 | Feb 2, 2017 | M | 4,134 | D | — | Mar 13, 2020 | Common Stock | 4,134 | 8,266 | D |
| Non-qualified Stock OptionF3 | $26.09 | Feb 2, 2017 | M | 1,500 | D | — | May 13, 2018 | Common Stock | 1,500 | 1,500 | D |
Explanation of responses
- F1The price reported is an average weighted price. The shares were sold in multiple transactions at prices ranging from $53.90 to $53.94. 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.
- F2One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- F3The stock option becomes exercisable 10% each year, commencing January 1 after the date of grant.