SEC Form 4 · accession 0001127602-18-002997
Arthur J. Gallagher & Co. · AJG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Joseph Gallagher
Officer — VICE PRESIDENT
Period of report
Jan 29, 2018
Accepted (ET)
Jan 30, 2018 · 5:16 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 | Jan 29, 2018 | M | 11,500 | $30.95 | A | 176,305 | D | |
| Common StockF1 | Jan 29, 2018 | S | 11,500 | $69.80 | D | 164,805 | D | |
| Common Stock | holding | — | — | — | 86,760 | I | By grantor retained annuity trust | |
| Common Stock | holding | — | — | — | 66,709 | I | By Irrevocable Trust | |
| Common Stock | holding | — | — | — | 31,671 | I | By wife | |
| Common StockF2,F3 | holding | — | — | — | 55,280 | I | By wife as trustee |
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 | $30.95 | Jan 29, 2018 | M | 11,500 | D | — | Mar 8, 2018 | Common Stock | 11,500 | 0 | D |
Explanation of responses
- F1The price reported is an average weighted price. The shares were sold in multiple transactions at prices ranging from $69.74 to $69.95. 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 reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- F3These shares are held in trusts, for the benefit of the reporting person's children, of which his wife is a trustee.
- F4The stock option becomes exercisable 20% each year on the anniversary of the grant date.