SEC Form 4 · accession 0001127602-15-023051
Towers Watson & Co. · TW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Victor F Ganzi
Director
Period of report
Jul 15, 2015
Accepted (ET)
Jul 17, 2015 · 3:22 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 Stock | Jul 15, 2015 | M | 0 | $0.00 | A | 14,642 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit DividendF1 | $0.00 | Jul 15, 2015 | A | 2 | A | Aug 8, 1988 | Aug 8, 1988 | Class A Common Stock | 2 | 13 | D |
| Restricted Stock Unit DividendF2 | $0.00 | Jul 15, 2015 | M | 0 | D | Aug 8, 1988 | Aug 8, 1988 | Class A Common Stock | 0 | 12 | D |
Explanation of responses
- F1Represents dividends accrued on RSUs granted to the directors as part of their annual grant under the Towers Watson & Co Amended Compensation Plan for Non-Employee Directors (the "Plan"). The dividends on the annual grant vest quarterly beginning on October 1, 2014.
- F2Represents dividends accrued on the quarterly record date that have now vested, in connection with the annual grant of RSUs to the directors under the Plan (dividends on which vest quarterly beginning October 1, 2014).