MCGURN DAVID E JR 4
4 · GALLAGHER ARTHUR J & CO · Filed May 21, 2013
Insider Transaction Report
Form 4
MCGURN DAVID E JR
Vice President
Transactions
- Exercise/Conversion
Non-qualified Stock Option
2013-05-17−35,000→ 0 totalExercise: $24.90From: 2004-01-01Exp: 2013-07-16→ Common Stock (35,000 underlying) - Exercise/Conversion
Common Stock
2013-05-17$24.90/sh+35,000$871,500→ 41,188 total - Sale
Common Stock
2013-05-17$45.50/sh−35,000$1,592,500→ 6,188 total
Holdings
- 61,575(indirect: By Spouse)
Common Stock
- 56,652(indirect: By Trust)
Common Stock
- 8,655
Common Stock (restricted)
- 64,174(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]The price reported is an average weighted price. The shares were sold in multiple transactions at prices ranging from $45.45 to $45.70. 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.
- [F2]The stock option becomes exercisable 10% each year, commencing January 1 after the date of grant.