1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Phantom Stock
|
Â
(2)
|
Â
(2)
|
Common Stock
|
2,813
|
$
(3)
|
D
|
Â
|
Non-qualified Stock Option
|
Â
(4)(5)
|
05/01/2024 |
Common Stock
|
10,000
|
$
55.94
|
D
|
Â
|
Non-qualified Stock Option
|
Â
(5)(6)
|
03/15/2025 |
Common Stock
|
5,700
|
$
70.74
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Consists of two tranches of restricted stock units: 2,500 granted on 5/1/2017, and 1,250 granted on 3/15/2018, each tranche cliff vesting on the fifth anniversary of the grant date. |
(2) |
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. |
(3) |
Each share of phantom stock represents a right to receive one share of Gallagher common stock. |
(4) |
Granted on May 1, 2017. |
(5) |
One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date. |
(6) |
Granted on March 15, 2018. |