Kristy D. Banas - Apr 12, 2023 Form 4 Insider Report for WILLIS TOWERS WATSON PLC (WTW)

Role
Chief Human Resources Officer
Signature
/s/ Elaine Wiggins, Attorney-in-Fact for Kristy D. Banas (power of attorney previously filed)
Stock symbol
WTW
Transactions as of
Apr 12, 2023
Transactions value $
$19,595
Form type
4
Date filed
4/14/2023, 04:05 PM
Previous filing
Apr 10, 2023
Next filing
Apr 19, 2023

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 $16.2K +68.2 +13.48% $237.20 574 Apr 12, 2023 Ordinary Shares, nominal value $0.000304635 per share 68.2 Direct F1, F2
transaction WTW Restricted Share Unit Award $3.41K +14.4 +4.55% $237.20 330 Apr 12, 2023 Ordinary Shares, nominal value $0.000304635 per share 14.4 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Includes restricted share units acquired pursuant to the Willis Towers Watson Non-Qualified Deferred Savings Plan for U.S. Employees (the "Plan"), including the participant's deferral election under the Plan and the Company's matching contribution on the participant's deferral election credited to the participant's account in the form of restricted share units under the Plan.
F3 Vested shares under the 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.
F4 Includes restricted share units acquired pursuant to the participant's deferral election under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees.