SEC Form 4 · accession 0001127602-18-011590
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
Mar 11, 2018
Accepted (ET)
Mar 14, 2018 · 5:11 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 (restricted) | Mar 11, 2018 | M | 7,556 | $0.00 | D | 27,750 | D | |
| Common Stock | Mar 11, 2018 | M | 7,556 | $0.00 | A | 45,329 | D | |
| Common Stock | Mar 11, 2018 | F | 2,855 | $72.63 | D | 42,474 | D | |
| Common Stock (restricted)F1 | Mar 12, 2018 | M | 4,050 | $0.00 | D | 23,700 | D | |
| Common StockF2 | holding | — | — | — | 2,271 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Notional Stock UnitsF1,F3,F4 | $0.00 | Mar 12, 2018 | M | 4,050 | A | — | — | Common Stock | 4,050 | 4,050 | D |
| Notional Stock UnitsF3,F5 | $0.00 | holding | — | — | — | — | — | Common Stock | 31,066 | 31,066 | D |
| Notional Stock UnitsF3,F6 | $0.00 | holding | — | — | — | — | — | Common Stock | 21,178 | 21,178 | D |
| Notional Stock UnitsF3,F7 | $0.00 | holding | — | — | — | — | — | Common Stock | 8,895 | 8,895 | D |
| Notional Stock UnitsF3,F8 | $0.00 | holding | — | — | — | — | — | Common Stock | 7,069 | 7,069 | D |
| Notional Stock UnitsF3,F9 | $0.00 | holding | — | — | — | — | — | Common Stock | 71,821 | 71,821 | D |
Explanation of responses
- F1The reporting person deferred receipt of restricted stock units into the Company's Supplemental Savings and Thrift Plan, resulting in the acquisition of a corresponding number of notional stock units.
- F2The reporting person has no voting or invesment power over these shares and disclaims beneficial ownership.
- F3Each notional stock unit represents a right to receive one share of Gallagher common stock.
- F4The notional stock units become payable in July 2019.
- F5The notional stock units become payable in July 2018.
- F6The notional stock units become payable in July 2020.
- F7The notional stock units become payable in July 2021.
- F8The notional stock units become payable in July 2022.
- F9The notional stock units become payable following the reporting person's separation from service with Gallagher.