SEC Form 4 · accession 0001127602-19-007527
MARSH & MCLENNAN COMPANIES, INC. · MRSH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel S Glaser
Officer — President and CEO, MMC · Director
Period of report
Feb 19, 2019
Accepted (ET)
Feb 21, 2019 · 4:11 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 StockF1 | Feb 5, 2019 | G | 290 | $0.00 | D | 171,283 | 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 | $90.785 | Feb 19, 2019 | A | 322,488 | A | — | Feb 18, 2029 | Common Stock | 322,488 | 322,488 | D |
| Restricted Stock UnitsF1,F3,F5 | — | Feb 19, 2019 | A | 31,669 | A | — | — | Common Stock | 31,669 | 97,097 | D |
| Restricted Stock UnitsF3,F5 | — | Feb 19, 2019 | A | 30,847 | A | — | — | Common Stock | 30,847 | 127,944 | D |
Explanation of responses
- F1Since the date of the Reporting Person's last ownership report, the Reporting Person transferred 107,219 shares of Issuer's common stock, 5,553 restricted stock units and employee stock options to purchase 1,244,589 shares of Issuer's common stock to his former spouse pursuant to a domestic relations order. The reporting person disclaims beneficial ownership, and no longer reports as beneficially owned, any securities owned by his former spouse.
- F2These options were granted on February 19, 2019 and vest in four equal annual installments on February 19th of 2020, 2021, 2022 and 2023.
- F3The security converts to Marsh & McLennan Companies common stock on a 1-for-1 basis.
- F4These restricted stock units vest in three equal annual installments on February 28th of 2020, 2021 and 2022.
- F5Not Applicable.
- F6These restricted stock units relate to performance stock units that were granted on February 22, 2016 for the performance period 2016-2018. The performance factor for these performance stock units was determined on February 19, 2019.