SEC Form 4 · accession 0001127602-17-021765
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
Jun 15, 2017
Accepted (ET)
Jun 19, 2017 · 4:41 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 | Jun 15, 2017 | M | 10,000 | $27.94 | A | 47,800 | D | |
| Common StockF1 | Jun 15, 2017 | S | 10,000 | $58.73 | D | 37,800 | D | |
| Common Stock | Jun 19, 2017 | M | 10,000 | $27.94 | A | 47,800 | D | |
| Common StockF2 | Jun 19, 2017 | S | 10,000 | $58.97 | D | 37,800 | D | |
| Common StockF3 | holding | — | — | — | 2,300 | I | By Spouse |
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 OptionF4 | $27.94 | Jun 15, 2017 | M | 10,000 | D | — | Oct 18, 2017 | Common Stock | 10,000 | 19,967 | D |
| Non-qualified Stock OptionF4 | $27.94 | Jun 19, 2017 | M | 10,000 | D | — | Oct 18, 2017 | Common Stock | 10,000 | 9,967 | D |
Explanation of responses
- F1The price reported is an average weighted price. The shares were sold in multiple transactions at prices ranging from $58.68 to $58.80. 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.
- F2The price reported is an average weighted price. The shares were sold in multiple transactions at prices ranging from $58.96 to $58.99. 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.
- F3The reporting person has no voting or invesment power over these shares and disclaims beneficial ownership.
- F4The stock option becomes exercisable 10% each year, commencing January 1 after the date of grant.