SEC Form 4 · accession 0001209191-15-014485
WILLIS TOWERS WATSON PLC · WTW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy D Wright
Officer — CEO, Willis International
Period of report
Feb 13, 2015
Accepted (ET)
Feb 17, 2015 · 4:17 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 $0.000115 per share | Feb 13, 2015 | M | 100,000 | $26.17 | A | 152,352 | D | |
| Ordinary Shares, nominal value $0.000115 per shareF1,F2 | Feb 13, 2015 | S | 100,000 | $47.58 | D | 52,352 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy) | $26.17 | Feb 13, 2015 | M | 100,000 | D | May 5, 2011 | May 5, 2017 | Ordinary Shares, nominal value $0.000115 per share | 100,000 | 0 | D |
Explanation of responses
- F1The number of securities disposed of represents the aggregate number of shares sold in multiple open market transactions having prices ranging from $47.06 to $48.08 per share. The price listed in Table I represents the average weight sale price for such sales. The reporting person undertakes to provide the staff of the Securities and Exchange Commission, the Issuer, or a stockholder of the Issuer, upon request, information regarding the number of shares sold at each separate price within the range.
- F2Includes an aggregate of 26,874 restricted share units, which represent the right to receive ordinary shares, par value $0.000115 per share, of the Issuer, subject to the satisfaction of vesting requirements.