Michelle Mackay - Feb 23, 2024 Form 4 Insider Report for Cushman & Wakefield plc (CWK)

Signature
/s/ Noelle J. Perkins, attorney-in-fact
Stock symbol
CWK
Transactions as of
Feb 23, 2024
Transactions value $
-$988,746
Form type
4
Date filed
2/27/2024, 04:36 PM
Previous filing
Jul 5, 2023
Next filing
Apr 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWK Ordinary Shares Options Exercise $0 +38K +36.27% $0.00 143K Feb 23, 2024 Direct F1
transaction CWK Ordinary Shares Tax liability -$207K -21.1K -14.76% $9.82 122K Feb 23, 2024 Direct
transaction CWK Ordinary Shares Options Exercise $0 +22.6K +18.61% $0.00 144K Feb 24, 2024 Direct F1
transaction CWK Ordinary Shares Tax liability -$123K -12.5K -8.68% $9.82 132K Feb 24, 2024 Direct
transaction CWK Ordinary Shares Options Exercise $0 +33.7K +25.56% $0.00 165K Feb 25, 2024 Direct F1
transaction CWK Ordinary Shares Tax liability -$183K -18.6K -11.26% $9.82 147K Feb 25, 2024 Direct
transaction CWK Ordinary Shares Options Exercise $0 +87.6K +59.68% $0.00 234K Feb 25, 2024 Direct F2
transaction CWK Ordinary Shares Tax liability -$476K -48.5K -20.67% $9.82 186K Feb 25, 2024 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 -38K -33.33% $0.00 76K Feb 23, 2024 Ordinary Shares 38K Direct F1, F3
transaction CWK Restricted Stock Units Options Exercise $0 -22.6K -50% $0.00 22.6K Feb 24, 2024 Ordinary Shares 22.6K Direct F1, F4
transaction CWK Restricted Stock Units Options Exercise $0 -33.7K -100% $0.00* 0 Feb 25, 2024 Ordinary Shares 33.7K Direct F1, F5
* 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 RSUs based on the achievement by the Issuer of certain performance targets for the 2021-2023 performance period pursuant to the A&R Omnibus Plan.
F3 RSUs were granted on February 23, 2023 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.
F4 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.
F5 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:

Exhibit 24 - Power of Attorney