SEC Form 4 · accession 0001127602-17-011653
Arthur J. Gallagher & Co. · AJG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter D. Bay
Officer — General Counsel
Period of report
Mar 10, 2017
Accepted (ET)
Mar 14, 2017 · 5:17 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 (restricted) | Mar 10, 2017 | M | 2,300 | $0.00 | D | 19,317 | D | |
| Common Stock | Mar 10, 2017 | M | 2,300 | $0.00 | A | 15,553 | D | |
| Common Stock | Mar 10, 2017 | F | 716 | $56.66 | D | 14,837 | D | |
| Common Stock (restricted)F1 | Mar 13, 2017 | M | 4,550 | $0.00 | D | 14,767 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Notional Stock UnitsF1,F2,F3 | $0.00 | Mar 13, 2017 | M | 4,550 | A | — | — | Common Stock | 4,550 | 4,550 | D |
Explanation of responses
- F1The reporting person deferred receipt of restricted stock units into the company's Supplemental Savings and Thrift Plan, resulting in the acquisition of a corresponding number of notional stock units.
- F2Each notional stock unit represents a right to receive one share of Gallagher common stock.
- F3The notional stock units become payable following the reporting person's separation from service with Gallagher.