SEC Form 4 · accession 0001127602-19-002306
WILLIS TOWERS WATSON PLC · WTW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl Aaron Hess
Officer — Head of IRR
Period of report
Jan 15, 2019
Accepted (ET)
Jan 17, 2019 · 4:13 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 | — | Jan 15, 2019 | A | 3 | A | — | — | Ordinary Shares, nominal value $0.000304635 per share | 3 | 904 | D |
| Restricted Share UnitF4,F3 | — | Jan 15, 2019 | A | 7 | A | — | — | Ordinary Shares, nominal value $0.000304635 per share | 7 | 3,255 | D |
| Restricted Share UnitF5,F3 | — | Jan 15, 2019 | A | 5 | A | — | — | Ordinary Shares, nominal value $0.000304635 per share | 5 | 3,260 | D |
Explanation of responses
- F1Vested shares under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees 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.
- F2Represents dividends acquired pursuant to the Company's contribution under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees and credited to the participant's account in the form of restricted share units.
- F3Restricted share units settle for Ordinary Shares, nominal value $0.000304635 per share, on a 1:1 basis 6 months after the reporting person's termination date.
- F4Represents dividends acquired pursuant to the participant's deferral election under the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees.
- F5Represents dividends acquired pursuant to the Company's matching contribution on the participant's deferral election pursuant to the terms of the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees and credited to the participant's account in the form of restricted share units.