Cavaness Joel D 4
4 · Arthur J. Gallagher & Co. · Filed Feb 28, 2024
Insider Transaction Report
Form 4
Cavaness Joel D
Vice President
Transactions
- Exercise/Conversion
Common Stock
2024-02-26+30,067.337→ 166,820.336 total - Exercise/Conversion
Phantom Stock
2024-02-26−30,067.337→ 95,524.019 total→ Common Stock (30,067.337 underlying) - Tax Payment
Common Stock
2024-02-26$244.04/sh−12,012.337$2,931,491→ 154,807.999 total
Holdings
- 2,022.63(indirect: By Spouse)
Common Stock
- 367.575(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]Each share of phantom stock represents a right to receive one share of Gallagher common stock.
- [F2]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.