Andy Weitz - Feb 15, 2024 Form 4 Insider Report for Aon plc (AON)

Signature
/s/ Colby Alexis - Colby Alexis pursuant to a power of attorney from Andy Weitz
Stock symbol
AON
Transactions as of
Feb 15, 2024
Transactions value $
-$1,132,035
Form type
4
Date filed
2/20/2024, 06:37 PM
Previous filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AON Class A Ordinary Stock Award +9.33K +26.76% 44.2K Feb 15, 2024 Direct F1
transaction AON Class A Ordinary Stock Tax liability -$1.02M -3.24K -7.33% $314.37 41K Feb 15, 2024 Direct F2
transaction AON Class A Ordinary Stock Options Exercise +299 +0.73% 41.3K Feb 16, 2024 Direct F3
transaction AON Class A Ordinary Stock Tax liability -$36.6K -118 -0.29% $311.24 41.1K Feb 16, 2024 Direct F2
transaction AON Class A Ordinary Stock Options Exercise +628 +1.53% 41.8K Feb 16, 2024 Direct F3
transaction AON Class A Ordinary Stock Tax liability -$76.9K -247 -0.59% $311.24 41.5K Feb 16, 2024 Direct F2

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 AON Restricted Share Unit (Right to Receive) Options Exercise $0 -299 -50% $0.00 299 Feb 16, 2024 Class A Ordinary Shares 299 Direct F4, F5
transaction AON Restricted Share Unit (Right to Receive) Options Exercise $0 -628 -33.3% $0.00 1.26K Feb 16, 2024 Class A Ordinary Shares 628 Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Class A Ordinary Shares issued upon the settlement of performance share unit awards originally granted approximately three years ago under the sixteenth cycle of the Company's Leadership Performance Program. The number of shares issued was determined by the Organization and Compensation Committee of the Board of Directors on February 15, 2024, based on the Company's performance for the period from January 1, 2021 to December 31, 2023.
F2 Class A Ordinary Shares withheld by the issuer for payment of taxes in connection with the vesting of the award.
F3 Class A Ordinary Shares acquired upon the vesting of a restricted share unit award.
F4 The restricted share unit award converts to Class A Ordinary Shares on a 1-for-1 basis. In accordance with Irish law, the reporting person agreed to pay the issuer the nominal value of $0.01 per share issued to the reporting person.
F5 A restricted share unit award was granted on February 17, 2022 and vests in accordance with the terms of the Aon plc 2011 Incentive Compensation Plan, as amended and restated: 33 1/3% of the award vests on each of the first through third anniversary of the date of grant.
F6 A restricted share unit award was granted on February 16, 2023 and vests in accordance with the terms of the Aon plc 2011 Incentive Compensation Plan, as amended and restated: 33 1/3% of the award vests on each of the first through third anniversary of the date of grant.