SEC Form 4 · accession 0001127602-18-009086
MARSH & MCLENNAN COMPANIES, INC. · MRSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter J Beshar
Officer — EVP and General Counsel
Period of report
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 4:12 pm EST
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 | Feb 26, 2018 | M | 135,948 | $0.00 | A | 323,236 | D | |
| Common Stock | Feb 26, 2018 | F | 82,379 | $83.59 | D | 240,857 | 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)F3 | $19.045 | Feb 26, 2018 | M | 135,948 | D | — | Feb 22, 2019 | Common Stock | 135,948 | 0 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- F2On February 26, 2018, Mr. Beshar exercised 135,948 options that were granted to him in 2009 and thereby increased his net ownership of MMC common stock by 53,569 from 187,288 to 240,857 shares. 82,379 shares were used to satisfy the exercise price and applicable taxes in an exempt transaction.
- F3These options were granted on February 23, 2009 and vested in four equal annual installments on February 23rd of 2010, 2011, 2012 and 2013.