SEC Form 4 · accession 0001127602-18-007244
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
Feb 15, 2018
Accepted (ET)
Feb 20, 2018 · 4:40 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 | Feb 15, 2018 | M | 5,000 | $30.95 | A | 42,800 | D | |
| Common Stock | Feb 15, 2018 | S | 5,000 | $68.67 | D | 37,800 | D | |
| Common Stock | Feb 15, 2018 | M | 5,800 | $23.76 | A | 43,600 | D | |
| Common Stock | Feb 15, 2018 | S | 5,800 | $68.99 | 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 | $30.95 | Feb 15, 2018 | M | 5,000 | D | — | Mar 7, 2018 | Common Stock | 5,000 | 0 | D |
| Non-qualified Stock OptionF3 | $23.76 | Feb 15, 2018 | M | 5,800 | D | — | Mar 5, 2018 | Common Stock | 5,800 | 261 | 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 20% each year on the anniversary of the grant date.
- F3The stock option becomes exercisable 20% each year on the anniversary of the grant date.