SEC Form 4 · accession 0001127602-15-022250
Towers Watson & Co. · TW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl Aaron Hess
Officer — Managing Dir., The Americas
Period of report
Jun 30, 2015
Accepted (ET)
Jul 2, 2015 · 4:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001470215
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Jun 30, 2015 | F | 337 | $125.80 | D | 32,772 | D | |
| Class A Common StockF2 | Jun 30, 2015 | F | 226 | $125.80 | D | 32,546 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares of restricted Class A common stock were issued by the Issuer on September 15, 2012. Shares vest over a three-year period, with one-third automatically vesting on each of June 30, 2013, June 30, 2014 and June 30, 2015, so long as the reporting person remains an employee of the Issuer or one of its subsidiaries as of each such date, subject to certain exceptions. The transaction reflects the share amount and date such shares were deemed withheld to satisfy statutory tax withholdings due on the portion of shares that vested on June 30, 2015.
- F2Shares of restricted Class A common stock were issued by the Issuer on September 15, 2013. Shares vest over a three-year period, with one-third automatically vesting on each of June 30, 2014, June 30, 2015 and June 30, 2016, so long as the reporting person remains an employee of the Issuer or one of its subsidiaries as of each such date, subject to certain exceptions. The transaction reflects the share amount and date such shares were deemed withheld to satisfy statutory tax withholdings due on the portion of shares that vested on June 30, 2015.