SEC Form 4 · accession 0001127602-16-045488
WILLIS TOWERS WATSON PLC · WTW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd J. Jones
Officer — Co-Head of North America
Period of report
Mar 5, 2016
Accepted (ET)
Mar 8, 2016 · 4:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001140536
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares, nominal value $0.000304635 per shareF1 | Mar 5, 2016 | A | 2,910 | $0.00 | A | 14,014 | D | |
| Ordinary Shares, nominal value $0.000304635 per shareF2,F3 | Mar 7, 2016 | S | 1,152 | $116.45 | D | 12,862 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person previously was granted performance-based restricted share units ("RSUs"), which represented the right to receive ordinary shares subject to the Issuer achieving certain performance criteria. On March 5, 2016, the performance criteria were determined by the Issuer to be satisfied and the RSUs vested.
- F2Represents the number of shares required to be sold by the reporting person to cover tax obligations in connection with the vesting of RSUs.
- F3Includes an aggregate of 8,489 RSUs subject to the satisfaction of vesting requirements and 528.6961 shares under the Issuer's Employee Stock Purchase Plan.