SEC Form 4 · accession 0001127602-18-005492
WILLIS TOWERS WATSON PLC · WTW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Gunn
Officer — Head of North America
Period of report
Feb 9, 2018
Accepted (ET)
Feb 13, 2018 · 4:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001140536
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitF2,F1 | — | Feb 9, 2018 | A | 4 | A | — | — | Ordinary Shares, nominal value $0.000304635 per share | 4 | 4 | D |
| Restricted Share UnitF3,F1 | — | Feb 9, 2018 | A | 8 | A | — | — | Ordinary Shares, nominal value $0.000304635 per share | 8 | 12 | D |
Explanation of responses
- F1Vested shares under the Non-Qualified Stable Value Excess Plan for U.S. Employees ("the Plan") settle for Ordinary Shares, nominal value $0.000304635 per share, on a 1:1 basis on the first business day of the month on which the NASDAQ Stock Market is open for business following the earlier of (i) the date that is 6 months after the reporting person's separation from service and (ii) the date that is 30 days after the reporting person's death.
- F2Includes restricted share units acquired pursuant to the participant's deferral election under the Plan.
- F3Includes restricted share units credited to the participant's account by the Company pursuant to the Plan's accrual formula, net of the units acquired pursuant to the participant's deferral election under the Plan as described in footnote (2).