SEC Form 5 · accession 0001127602-19-005946
Arthur J. Gallagher & Co. · AJG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joel D Cavaness
Officer — Vice President
Period of report
Dec 31, 2018
Accepted (ET)
Feb 14, 2019 · 2:51 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Notional Stock UnitsF2,F1,F3 | — | Dec 31, 2018 | I | 755 | A | — | — | Common Stock | 755 | 8,760 | D |
Explanation of responses
- F1Each notional stock unit represents a right to receive one share of Gallagher common stock.
- F2In accordance with applicable SEC staff guidance, the reporting person has elected to report periodic investments throughout the year into the Gallagher stock fund under this plan (the Supplemental Savings and Thrift Plan, a nonqualified deferred compensation plan) on an aggregate basis on Form 5.
- F3Portions of these notional stocks are payable to the reporting person at the follow times: over a two year period beginning July 2023; over a five year period beginning July 2027; in a lump sum on July 2028; over a five year period beginning July 2028; and in a lump sum following the reporting person's separation from service.