John Forrester - Mar 7, 2022 Form 4 Insider Report for Cushman & Wakefield plc (CWK)

Role: Chief Executive Officer, Director
Signature: /s/ Brett Soloway, attorney-in-fact
Stock symbol: CWK
Transactions as of: Mar 7, 2022
Transactions value $: -$629,226
Form type: 4
Date filed: 3/9/2022, 05:45 PM
Previous filing: Mar 1, 2022
Next filing: Jun 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CWK	Ordinary Shares	Options Exercise	$0	+21K	+10.46%	$0.00	222K	Mar 7, 2022	Direct	F1
transaction	CWK	Ordinary Shares	Tax liability	-$187K	-9.88K	-4.45%	$18.89	212K	Mar 7, 2022	Direct
transaction	CWK	Ordinary Shares	Award	$0	+49.9K	+23.51%	$0.00	262K	Mar 7, 2022	Direct	F2
transaction	CWK	Ordinary Shares	Tax liability	-$443K	-23.4K	-8.95%	$18.89	238K	Mar 7, 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	-21K	-50%	$0.00	21K	Mar 7, 2022	Ordinary Shares	21K		Direct	F1, F3

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

Explanation of Responses:

Id	Content
F1	Conversion of previously awarded restricted stock units ("RSUs") into an equal number of ordinary shares, without the payment of any consideration, pursuant to the Amended & Restated Cushman & Wakefield plc 2018 Omnibus Management Share and Cash Incentive Plan (the "A&R Omnibus Plan").
F2	Represents vesting of ordinary shares earned in respect of performance-based restricted stock units ("PBRSUs") based on the achievement by the Issuer of certain performance targets for the 2019-2022 performance period pursuant to the A&R Omnibus Plan.
F3	RSUs were granted on March 7, 2019 and vest on the anniversary of the grant date in four (4) substantially equal installments on each of the first four (4) anniversaries of the grant date, subject, with certain limited exceptions, to the reporting person's continuing employment through each such vesting date.