SEC Form 4 · accession 0001127602-17-034350
Arthur J. Gallagher & Co. · AJG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott R Hudson
Officer — Vice President
Period of report
Dec 8, 2017
Accepted (ET)
Dec 11, 2017 · 4:13 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 | Dec 8, 2017 | M | 7,600 | $30.95 | A | 25,027 | D | |
| Common StockF1 | Dec 8, 2017 | S | 7,600 | $65.29 | D | 17,427 | 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 | $30.95 | Dec 8, 2017 | M | 7,600 | D | — | Mar 7, 2018 | Common Stock | 7,600 | 0 | D |
Explanation of responses
- F1The price reported is an average weighted price. The shares were sold in multiple transactions at prices ranging from $65.17 to $65.50. 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 stock option becomes exercisable 20% each year on the anniversary of the grant date.