Carl A. Hess - Jul 20, 2022 Form 4 Insider Report for WILLIS TOWERS WATSON PLC (WTW)

Role
Chief Executive Officer, Director
Signature
/s/ Carl A. Hess by Elaine Wiggins, Attorney-in-Fact (power of attorney previously filed)
Stock symbol
WTW
Transactions as of
Jul 20, 2022
Transactions value $
-$468,191
Form type
4
Date filed
7/22/2022, 04:05 PM
Previous filing
Jul 19, 2022
Next filing
Aug 3, 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 +34 +0.06% $0.00 55.8K Jul 20, 2022 Direct
transaction WTW Ordinary Shares, nominal value $0.000304635 per share Tax liability -$468K -2.36K -4.23% $198.47 53.4K 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 -34 -100% $0.00* 0 Jul 20, 2022 Ordinary Shares, nominal value $0.000304635 per share 34 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 tax payment related to the vesting and settlement of 4,454 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.