SEC Form 4 · accession 0001127602-18-012120
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
Mar 15, 2018
Accepted (ET)
Mar 19, 2018 · 5:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000354190
Table I — non-derivative securities
No Table I lines on this filing.
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 OptionF1 | $70.74 | Mar 15, 2018 | A | 23,200 | A | — | Mar 15, 2025 | Common Stock | 23,200 | 23,200 | D |
| Phantom StockF2,F3 | — | Mar 19, 2018 | I | 5,625 | A | — | — | Common Stock | 5,625 | 61,460 | D |
Explanation of responses
- F1One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
- F2Each share of phantom stock represents a right to receive one share of Gallagher common stock.
- F3These shares represent awards under the Age 62 Plan, a nonqualified deferred compensation plan of the Company, which have been deemed invested in Company common stock at the election of the reporting person. Participants vest in these awards when they attain age 62, or after a one-year period for participants who have attained age 61.