SEC Form 4 · accession 0001127602-17-027476
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
Sep 14, 2017
Accepted (ET)
Sep 15, 2017 · 2:31 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 | Sep 14, 2017 | M | 9,967 | $27.94 | A | 47,767 | D | |
| Common Stock | Sep 14, 2017 | S | 9,967 | $59.98 | D | 37,800 | D | |
| Common StockF1 | 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 OptionF2 | $27.94 | Sep 14, 2017 | M | 9,967 | D | — | Oct 18, 2017 | Common Stock | 9,967 | 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 10% each year, commencing January 1 after the date of grant.