SEC Form 4 · accession 0001127602-15-027300
Towers Watson & Co. · TW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James K Foreman
Officer — Manag Dir., Exchange Solutions
Period of report
Sep 15, 2015
Accepted (ET)
Sep 17, 2015 · 4:04 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 | Sep 15, 2015 | A | 20,669 | $0.00 | A | 34,476 | D | |
| Class A Common StockF2 | Sep 15, 2015 | F | 9,468 | $119.30 | D | 25,008 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person was granted unvested performance-vesting restricted stock units (PVRSUs) on September 24, 2012, which vest over a three-year performance period to the extent that certain predetermined performance criteria are achieved and based on the Reporting Person's continued employment with the Issuer. On September 14, 2015, the Compensation Committee certified the extent to which the performance criteria applicable to such PVRSUs were achieved; therefore, pursuant to the terms of the applicable award agreement, PVRSUs thereafter vested and were settled in shares on September 15, 2015 and are reported herein.
- F2This represents shares that were withheld by the Issuer to satisfy local withholding tax requirements.