GALLAGHER ARTHUR J & CO 4
4 · GALLAGHER ARTHUR J & CO · Filed Feb 16, 2017
Insider Transaction Report
Form 4
DURKIN JAMES W JR
Vice President
Transactions
- Exercise/Conversion
Non-qualified Stock Option
2017-02-14−6,900→ 0 totalExercise: $24.13Exp: 2017-03-02→ Common Stock (6,900 underlying) - Exercise/Conversion
Common Stock
2017-02-14$24.13/sh+6,900$166,497→ 303,955.997 total - Sale
Common Stock
2017-02-14$55.67/sh−6,900$384,123→ 297,055.997 total
Footnotes (2)
- [F1]The price reported is an average weighted price. The shares were sold in multiple transactions at prices ranging from $55.65 to $55.67. 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 20% each year on the anniversary of the grant date.