SEC Form 4 · accession 0001127602-15-019144
MARSH & MCLENNAN COMPANIES, INC. · MRSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
E Scott Gilbert
Officer — SVP Chief Risk & Complnce Ofc
Period of report
May 29, 2015
Accepted (ET)
Jun 1, 2015 · 4:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000062709
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 29, 2015 | M | 9,469 | $0.00 | A | 39,015 | D | |
| Common Stock | May 29, 2015 | S | 9,469 | $58.4741 | D | 29,546 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F1 | $26.07 | May 29, 2015 | M | 9,469 | D | — | Feb 25, 2018 | Common Stock | 9,469 | 0 | D |
Explanation of responses
- F1These options were granted on February 26, 2008 and vested in four equal annual installments. The first three installments became exercisable on July 13, 2011, when the closing price of Marsh & McLennan Companies common stock had been at least 15% higher than the exercise price of the options for ten consecutive trading days after the options had vested. The remaining installment became exercisable on March 10, 2012, when the closing price of Marsh & McLennan Companies common stock had been at least 15% higher than the exercise price of the options for ten consecutive trading days after the options had vested.