SEC Form 4 · accession 0001209191-15-079508
WILLIS TOWERS WATSON PLC · WTW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Timothy D Wright
Officer — CEO, Willis International
Period of report
Nov 9, 2015
Accepted (ET)
Nov 12, 2015 · 8:50 am 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 shareF1 | Nov 9, 2015 | F | 9,375 | $44.14 | D | 42,997 | D | |
| Ordinary Shares, nominal value $0.000115 per shareF2,F3 | Nov 9, 2015 | A | 7,945 | $0.00 | A | 50,922 | 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)F4 | $44.05 | Nov 9, 2015 | A | 62,166 | A | — | Nov 9, 2023 | Ordinary Shares, nominal value $0.000115 per share | 62,166 | 62,166 | D |
Explanation of responses
- F1Withholding of shares by Issuer incident to the tax payment related to the vesting and settlement of an aggregate of 19,942 restricted share units ("RSUs") granted on December 26, 2012, December 16, 2013 and December 16, 2014.
- F2Comprised of 7,945 RSUs, which represent the right to receive ordinary shares, par value $0.000115 per share, of the Issuer. The RSUs shall vest 33% on each of the first and second anniversaries of the grant date and 34% on the third anniversary of the grant date.
- F3Includes an aggregate of 14,877 RSUs, which represent the right to receive ordinary shares, par value $0.000115 per share, of the Issuer, subject to the satisfaction of vesting requirements.
- F4The shares underlying the option will vest as to 33% on each of the first and second anniversaries of the grant date and as to 34% on the third anniversary of the grant date.