Adam Garrard - Jul 20, 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
Jul 20, 2022
Transactions value $
-$315,964
Form type
4
Date filed
7/22/2022, 04:02 PM
Previous filing
Jul 19, 2022
Next filing
Oct 19, 2022

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 +25 +0.18% $0.00 14.1K Jul 20, 2022 Direct
transaction WTW Ordinary Shares, nominal value $0.000304635 per share Tax liability -$316K -1.59K -11.33% $198.47 12.5K Jul 20, 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 -25 -100% $0.00* 0 Jul 20, 2022 Ordinary Shares, nominal value $0.000304635 per share 25 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 3,299 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.