Joseph S. Kurpis - Oct 1, 2021 Form 4 Insider Report for WILLIS TOWERS WATSON PLC (WTW)

Role
PAO and Controller
Signature
/s/ Joseph S. Kurpis by Elaine Wiggins, Attorney-in-Fact (power of attorney previously filed)
Stock symbol
WTW
Transactions as of
Oct 1, 2021
Transactions value $
$0
Form type
4
Date filed
1/20/2022, 03:01 PM
Previous filing
Jun 17, 2021
Next filing
Oct 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 +311 $0.00 311 Oct 1, 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 +0.221 +0.18% $0.00 126 Jan 18, 2022 Ordinary Shares, nominal value $0.000304635 per share 0.221 Direct F2, F3
transaction WTW Restricted Share Unit Award $0 +0.129 +0.1% $0.00 126 Jan 18, 2022 Ordinary Shares, nominal value $0.000304635 per share 0.129 Direct F2, F4
transaction WTW Restricted Share Unit Award $0 +0.509 +0.35% $0.00 145 Jan 18, 2022 Ordinary Shares, nominal value $0.000304635 per share 0.509 Direct F5, F6
transaction WTW Dividend Equivalent Rights Award $0 +1.1 $0.00 1.1 Jan 18, 2022 Ordinary Shares, nominal value $0.000304635 per share 1.1 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Comprised of 311 time-based restricted share units ("RSUs"), which represent the right to receive ordinary shares, par value $0.000304635 per share, of the Issuer. 100% of the RSUs shall vest on the third anniversary of the grant date.
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.
F7 The dividend equivalent rights accrued on a time-based restricted share unit award and will vest based on the same vesting schedule applicable to the underlying restricted share unit award. Each dividend equivalent right is the economic equivalent of one WLTW Ordinary Share.