W. Brett White - Jan 1, 2022 Form 4 Insider Report for Cushman & Wakefield plc (CWK)

Role: Executive Chairman, Director
Signature: /s/ Brett Soloway, attorney-in-fact
Stock symbol: CWK
Transactions as of: Jan 1, 2022
Transactions value $: -$16,531,971
Form type: 4
Date filed: 1/4/2022, 08:34 PM
Previous filing: Oct 5, 2021
Next filing: Feb 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CWK	Ordinary Shares	Options Exercise	$0	+1.41M	+151.93%	$0.00	2.34M	Jan 1, 2022	Direct
transaction	CWK	Ordinary Shares	Tax liability	-$16.5M	-743K	-31.77%	$22.24	1.6M	Jan 1, 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CWK	Restricted Stock Units	Options Exercise	$0	-1.41M	-100%	$0.00^*	0	Jan 1, 2022	Ordinary Shares	1.41M		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents the right to acquire one ordinary share of Cushman &Wakefield plc.
F2	Reflects the accelerated vesting on January 1, 2022 of time-based RSUs originally granted on March 8, 2018, March 7, 2019, February 27, 2020 and February 25, 2021 and performance-based RSUs granted on February 25, 2021, each as the result of Mr. White's Qualifying Resignation as defined under his Amended and Restated Employment Agreement, dated as of August 27, 2020, and further clarified under his Side Letter, dated December 31, 2021.

Content

Each restricted stock unit ("RSU") represents the right to acquire one ordinary share of Cushman &Wakefield plc.

Reflects the accelerated vesting on January 1, 2022 of time-based RSUs originally granted on March 8, 2018, March 7, 2019, February 27, 2020 and February 25, 2021 and performance-based RSUs granted on February 25, 2021, each as the result of Mr. White's Qualifying Resignation as defined under his Amended and Restated Employment Agreement, dated as of August 27, 2020, and further clarified under his Side Letter, dated December 31, 2021.