Michelle Mackay - Feb 24, 2023 Form 4 Insider Report for Cushman & Wakefield plc (CWK)

Role
President & Chief Operating Officer
Signature
/s/ Brett Soloway, attorney-in-fact
Stock symbol
CWK
Transactions as of
Feb 24, 2023
Transactions value $
-$375,239
Form type
4
Date filed
2/28/2023, 03:31 PM
Previous filing
Feb 27, 2023
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWK Ordinary Shares Options Exercise $0 +22.6K +44.61% $0.00 73.4K Feb 24, 2023 Direct F1
transaction CWK Ordinary Shares Tax liability -$152K -11.7K -15.96% $12.98 61.7K Feb 24, 2023 Direct
transaction CWK Ordinary Shares Options Exercise $0 +33.7K +54.6% $0.00 95.4K Feb 25, 2023 Direct F1
transaction CWK Ordinary Shares Tax liability -$223K -17.2K -18.03% $12.98 78.2K Feb 25, 2023 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 -22.6K -33.33% $0.00 45.3K Feb 24, 2023 Ordinary Shares 22.6K Direct F1, F2
transaction CWK Restricted Stock Units Options Exercise $0 -33.7K -50% $0.00 33.7K Feb 25, 2023 Ordinary Shares 33.7K 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.
F2 RSUs were granted on February 24, 2022, and vest in three (3) equal installments on each of the first three (3) anniversaries of the grant date, subject, with certain limited exceptions, to the reporting person's continuing employment through each such vesting date.
F3 RSUs were granted on February 25, 2021 and vest in three (3) substantially equal installments on each of the first three (3) anniversaries of the grant date, subject, with certain limited exceptions, to the reporting person's continuing employment through each such vesting date.

Remarks:

President & Chief Operating Officer