Adam Garrard - Apr 15, 2022 Form 4 Insider Report for WILLIS TOWERS WATSON PLC (WTW)

Role: Head of Risk & Broking
Signature: /s/ Adam Garrard by Elaine Wiggins, Attorney-in-Fact (power of attorney previously filed)
Stock symbol: WTW
Transactions as of: Apr 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/19/2022, 05:01 PM
Previous filing: Apr 5, 2022
Next filing: Jul 19, 2022

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	Dividend Equivalent Rights	Award	$0	+11.5		$0.00	11.5	Apr 15, 2022	Ordinary Shares, nominal value $0.000304635 per share	11.5		Direct	F1

* 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 WTW Ordinary Share.

Content

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 WTW Ordinary Share.