SEC Form 4 · accession 0001127602-17-006554
Arthur J. Gallagher & Co. · AJG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Patrick Gallagher Jr.
Officer — President & CEO · Director
Period of report
Feb 15, 2017
Accepted (ET)
Feb 16, 2017 · 3:15 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 15, 2017 | M | 50,750 | $24.13 | A | 96,276 | D | |
| Common Stock | Feb 15, 2017 | F | 37,259 | $55.84 | D | 59,017 | D | |
| Common Stock | Feb 15, 2017 | M | 16,667 | $28.65 | A | 75,684 | D | |
| Common Stock | Feb 15, 2017 | F | 12,863 | $55.82 | D | 62,821 | D | |
| Common Stock | holding | — | — | — | 150,000 | I | By Corporation | |
| Common Stock | holding | — | — | — | 66,703 | I | By Irrevocable Trust | |
| Common StockF1 | holding | — | — | — | 271,052 | I | By Spouse | |
| Common StockF2 | holding | — | — | — | 216,012 | I | By Trust |
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 | $24.13 | Feb 15, 2017 | M | 50,750 | D | — | Mar 2, 2017 | Common Stock | 50,750 | 0 | D |
| Non-qualified Stock OptionF3 | $28.65 | Feb 15, 2017 | M | 16,667 | D | — | May 15, 2017 | Common Stock | 16,667 | 0 | D |
Explanation of responses
- F1Shares held in revocable trust of which my spouse is sole Trustee and as to which I disclaim beneficial ownership.
- F2Held in trust for benefit of children.
- F3The stock option becomes exercisable 20% each year on the anniversary of the grant date.