Matthew Furman - 20 Jul 2022 Form 4 Insider Report for WILLIS TOWERS WATSON PLC (WTW)

Role
General Counsel
Signature
/s/ Matthew Furman by Elaine Wiggins, Attorney-in-Fact (power of attorney previously filed)
Issuer symbol
WTW
Transactions as of
20 Jul 2022
Net transactions value
-$370,345
Form type
4
Filing time
22 Jul 2022, 16:02:08 UTC
Previous filing
19 Jul 2022
Next filing
08 Aug 2022
SEC
View on sec.gov

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 Exercise of in-the-money or at-the-money derivative security $0 +26 +0.1% $0.000000 26,755 20 Jul 2022 Direct
transaction WTW Ordinary Shares, nominal value $0.000304635 per share Tax liability $370,345 -1,866 -7% $198.47 24,889 20 Jul 2022 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 Dividend Equivalent Rights Exercise of in-the-money or at-the-money derivative security $0 -26 -100% $0.000000* 0 20 Jul 2022 Ordinary Shares, nominal value $0.000304635 per share 26 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Withholding of shares by Issuer incident to the vesting and settlement of an aggregate of 3,506 performance-based restricted share units on July 20, 2022.
F2 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.