SEC Form 4 · accession 0001127602-19-002308
WILLIS TOWERS WATSON PLC · WTW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anne Pullum
Officer — Head of Strategy and CAO
Period of report
Jan 15, 2019
Accepted (ET)
Jan 17, 2019 · 4:15 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 | 0 | A | — | — | Ordinary Shares, nominal value $0.000304635 per share | 0 | 114 | D |
| Restricted Share UnitF3,F1 | — | Jan 15, 2019 | A | 0 | A | — | — | Ordinary Shares, nominal value $0.000304635 per share | 0 | 114 | D |
| Dividend Equivalent RightsF4 | — | Jan 15, 2019 | A | 4 | A | — | — | Ordinary Shares, nominal value $0.000304635 per share | 4 | 4 | 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 participant's deferral election under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees.
- F3Represents 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 Stable Value Excess Plan for U.S. Employees and credited to the participant's account in the form of restricted share units.
- F4The dividend equivalent rights accrued on a time-based restricted share unit award and will vest based on the same vesting schedule applicable to the underlying restricted share unit award. Each dividend equivalent right is the economic equivalent of one WLTW ordinary share.