SEC Form 4 · accession 0001127602-17-018492
MARSH & MCLENNAN COMPANIES, INC. · MRSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laurie Ledford
Officer — SVP & Chief HR Officer
Period of report
May 16, 2017
Accepted (ET)
May 17, 2017 · 4:26 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 StockF1 | May 16, 2017 | M | 7,500 | $0.00 | A | 44,420 | D | |
| Common Stock | May 16, 2017 | M | 22,046 | $0.00 | A | 66,466 | D | |
| Common Stock | May 16, 2017 | M | 34,938 | $0.00 | A | 101,404 | D | |
| Common Stock | May 16, 2017 | M | 64,517 | $0.00 | A | 165,921 | D | |
| Common Stock | May 16, 2017 | M | 12,418 | $0.00 | A | 178,339 | D | |
| Common Stock | May 16, 2017 | M | 11,245 | $0.00 | A | 189,584 | D | |
| Common Stock | May 16, 2017 | S | 184,305 | $74.027 | D | 5,279 | 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)F2 | $57.325 | May 16, 2017 | M | 7,500 | D | — | Feb 21, 2026 | Common Stock | 7,500 | 35,753 | D |
| Stock Options (Right to Buy)F3 | $56.84 | May 16, 2017 | M | 22,046 | D | — | Feb 22, 2025 | Common Stock | 22,046 | 22,046 | D |
| Stock Options (Right to Buy)F4 | $48.00 | May 16, 2017 | M | 34,938 | D | — | Feb 23, 2024 | Common Stock | 34,938 | 11,646 | D |
| Stock Options (Right to Buy)F5 | $36.495 | May 16, 2017 | M | 64,517 | D | — | Feb 24, 2023 | Common Stock | 64,517 | 0 | D |
| Stock Options (Right to Buy)F6 | $31.885 | May 16, 2017 | M | 12,418 | D | — | Feb 23, 2022 | Common Stock | 12,418 | 0 | D |
| Stock Options (Right to Buy)F7 | $30.595 | May 16, 2017 | M | 11,245 | D | — | Feb 20, 2021 | Common Stock | 11,245 | 0 | D |
Explanation of responses
- F1The reporting person's original Form 3 filed on April 12, 2012, inadvertently misstated the number of shares of MMC common stock held by the reporting person. This filing amends that error.
- F2These options were granted on February 22, 2016 and vest in four equal annual installments. The first installment vested and became exercisable on February 22, 2017. The remaining installments vest on February 22nd of 2018, 2019 and 2020.
- F3These options were granted on February 23, 2015 and vest in four equal annual installments. The first two installments vested and became exercisable on February 23rd of 2016 and 2017. The remaining installments vest on February 23rd of 2018 and 2019.
- F4These options were granted on February 24, 2014 and vest in four equal annual installments. The first three installments vested and became exercisable on February 24th of 2015, 2016 and 2017. The remaining installment vests on February 24, 2018.
- F5These options were granted on February 25, 2013 and vested in four equal annual installments on February 25th of 2014, 2015, 2016 and 2017.
- F6These options were granted on February 24, 2012 and vested in four equal annual installments on February 24th of 2013, 2014, 2015 and 2016.
- F7These options were granted on February 21, 2011 and vested in four equal annual installments on February 21st of 2012, 2013, 2014 and 2015.