0001127602-23-023306.txt : 20230828
0001127602-23-023306.hdr.sgml : 20230828
20230828210723
ACCESSION NUMBER: 0001127602-23-023306
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230824
FILED AS OF DATE: 20230828
DATE AS OF CHANGE: 20230828
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HOWELL DOUGLAS K
CENTRAL INDEX KEY: 0001222374
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09761
FILM NUMBER: 231217742
MAIL ADDRESS:
STREET 1: ARTHUR J. GALLAGHER & CO.
STREET 2: TWO PIERCE PLACE
CITY: ITASCA
STATE: IL
ZIP: 60143
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Arthur J. Gallagher & Co.
CENTRAL INDEX KEY: 0000354190
STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411]
IRS NUMBER: 362151613
STATE OF INCORPORATION: IL
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2850 GOLF ROAD
CITY: ROLLING MEADOWS
STATE: IL
ZIP: 60008-4050
BUSINESS PHONE: 630-773-3800
MAIL ADDRESS:
STREET 1: 2850 GOLF ROAD
CITY: ROLLING MEADOWS
STATE: IL
ZIP: 60008-4050
FORMER COMPANY:
FORMER CONFORMED NAME: ARTHUR J. GALLAGHER & CO.
DATE OF NAME CHANGE: 20190819
FORMER COMPANY:
FORMER CONFORMED NAME: GALLAGHER ARTHUR J & CO
DATE OF NAME CHANGE: 19920703
4
1
form4.xml
PRIMARY DOCUMENT
X0508
4
2023-08-24
0000354190
Arthur J. Gallagher & Co.
AJG
0001222374
HOWELL DOUGLAS K
2850 GOLF ROAD
ROLLING MEADOWS
IL
60008-4002
1
VP & Chief Financial Officer
0
Common Stock
2023-08-24
4
M
0
189753.206
0
A
280601.7722
D
Common Stock
2023-08-24
4
F
0
86231.206
221.53
D
194370.5662
D
Common Stock
2023-08-24
4
S
0
30000
225.99
D
164370.5662
D
Common Stock
2023-08-25
4
S
0
20000
225.87
D
144370.5662
D
Common Stock
2023-08-25
4
S
0
10000
227.02
D
134370.5662
D
Common Stock
2023-08-25
4
S
0
1841
229.11
D
132529.5662
D
Common Stock
2023-08-28
4
S
0
4588
228.92
D
127941.5662
D
Common Stock (restricted)
5675
D
Common Stock
3165
I
By Spouse
Common Stock
293.47
I
Gallagher 401(k) plan account
Phantom Stock
2023-08-24
4
M
0
189753.206
0
D
Common Stock
189753.206
4852.343
D
Notional Stock Units
0
Common Stock
194300.65
194300.65
D
Non-qualified Stock Option
56.86
2024-03-16
Common Stock
16800
16800
D
Non-qualified Stock Option
70.74
2025-03-15
Common Stock
14900
14900
D
Non-qualified Stock Option
79.59
2026-03-14
Common Stock
14100
14100
D
Non-qualified Stock Option
86.17
2027-03-12
Common Stock
17130
17130
D
Non-qualified Stock Option
127.90
2028-03-16
Common Stock
31265
31265
D
Non-qualified Stock Option
158.56
2029-03-15
Common Stock
14545
14545
D
Non-qualified Stock Option
177.09
2030-03-15
Common Stock
12107
12107
D
The price reported is an average weighted price. The shares were sold in multiple transactions on 8/24/2023 at prices ranging from $225.75 to $226.16. The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The price reported is an average weighted price. The shares were sold in multiple transactions on 8/25/2023 at prices ranging from $225.75 to $225.99. The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.
The price reported is an average weighted price. The shares were sold in multiple transactions on 8/25/2023 at prices ranging from $227.00 to $227.26.
The price reported is an average weighted price. The shares were sold in multiple transactions on 8/25/2023 at prices ranging from $229.10 to $229.14.
The price reported is an average weighted price. The shares were sold in multiple transactions on 8/28/2023 at prices ranging from $228.90 to $229.12. The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The reporting person has no voting or invesment power over these shares and disclaims beneficial ownership.
Each share of phantom stock represents a right to receive one share of Gallagher common stock.
These shares represent awards under the Age 62 Plan, a nonqualified deferred compensation plan of the Company, which have been deemed invested in Company common stock at the election of the reporting person. Participants vest in these awards when they attain age 62, or after a one-year period for participants who have attained age 61.
Each notional stock unit represents a right to receive one share of Gallagher common stock.
Portions of these notional stock units are payable to the reporting person in shares of common stock in July of 2025, 2026 and 2027 and following the reporting person's separation from service.
One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date.
This filing reports: (1) the distribution, following administrative processing after vesting, of Gallagher common stock in the Age 62 Plan; (2) the withholding of shares to cover applicable taxes; and (3) the sale of a portion of net shares received upon distribution.
/s/ Seth Diehl, by power of attorney
2023-08-28