Carl A. Hess - Jun 15, 2021 Form 4 Insider Report for WILLIS TOWERS WATSON PLC (WTW)

Role
Head of IRR
Signature
/s/ Carl A. Hess by Elaine Wiggins, Attorney-in-Fact (power of attorney previously filed)
Stock symbol
WTW
Transactions as of
Jun 15, 2021
Transactions value $
$0
Form type
4
Date filed
6/17/2021, 04:17 PM
Previous filing
May 7, 2021
Next filing
Jul 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTW Ordinary Shares, nominal value $0.000304635 per share Award $0 +21.9 +0.05% $0.00 47.8K Jun 15, 2021 Direct F1

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 WTW Restricted Share Unit Award $0 +7.9 +0.17% $0.00 4.64K Jun 15, 2021 Ordinary Shares, nominal value $0.000304635 per share 7.9 Direct F2, F3
transaction WTW Restricted Share Unit Award $0 +4.96 +0.11% $0.00 4.64K Jun 15, 2021 Ordinary Shares, nominal value $0.000304635 per share 4.96 Direct F2, F4
transaction WTW Restricted Share Unit Award $0 +8.05 +0.28% $0.00 2.91K Jun 15, 2021 Ordinary Shares, nominal value $0.000304635 per share 8.05 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The dividend equivalent rights accrued on a number of performance-based restricted share units previously earned under the reporting person's performance-based restricted share unit award and credited in the form of additional restricted share units that vest and are payable at the same time as the underlying performance-based restricted share units. Each dividend equivalent right is the economic equivalent of one WLTW Ordinary Share.
F2 Restricted share units settle for Ordinary Shares, nominal value $0.000304635 per share, on a 1:1 basis 6 months after the reporting person's termination date.
F3 Represents dividends acquired pursuant to the participant's deferral election under the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees.
F4 Represents dividends acquired pursuant to the Company's matching contribution on the participant's deferral election pursuant to the terms of the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees and credited to the participant's account in the form of restricted share units.
F5 Vested shares under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees settle for Ordinary Shares, nominal value $0.000304635 per share, on a 1:1 basis on the first business day of the month on which the NASDAQ Stock Market is open for business following the earlier of (i) the date that is 6 months after the reporting person's separation from service and (ii) the date that is 30 days after the reporting person's death.
F6 Represents dividends acquired pursuant to the Company's contribution under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees and credited to the participant's account in the form of restricted share units.