X0201 4 2003-07-30 0 0000354190 GALLAGHER ARTHUR J & CO ajg 0001186002 DURKIN JAMES W JR C/O ARTHUR J. GALLAGHER & CO. TWO PIERCE PLACE ITASCA IL 60143 1 1 0 0 Vice President Common Stock 2003-07-30 4 J 0 251 27.14 A 21404 I By Trust Common Stock 220228 D Dividend reinvestment pursuant to the Arthur J. Gallagher & Co. Deferred Equity Participation Plan. James W. Durkin, Jr. 2003-07-31