Transaction Details

Footnotes

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 in the year they attain age 62, or after a one-year period for participants who have attained age 61. | One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date. | One-third of this stock option becomes exerciseable on each of the 3rd, 4th, and 5th anniversaries of the grant date. | One-third of this stock option becomes exercisable on each of the 3rd, 4th, and 5th anniversaries of the grant date. | Closing price of Gallagher common stock on February 28, 2025. | Each notional stock unit represents a right to receive one share of Gallagher common stock. | The notional stock units become payable following the reporting person's separation from service with Gallagher.