Adam Garrard - Apr 17, 2023 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 17, 2023
Transactions value $
$0
Form type
4
Date filed
4/19/2023, 09:08 PM
Previous filing
Apr 10, 2023
Next filing
Apr 21, 2023

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 Award $0 +14.1 +0.08% $0.00 18.4K Apr 17, 2023 Direct F1
transaction WTW Ordinary Shares, nominal value $0.000304635 per share Options Exercise $0 +1 +0.01% $0.00 18.4K Apr 17, 2023 Direct F2

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- 2022 RSU Award $0 +4.27 +49.01% $0.00 13 Apr 17, 2023 Ordinary Shares, nominal value $0.000304635 per share 4.27 Direct F3
transaction WTW Dividend Equivalent Rights- 2022 RSU Options Exercise $0 -1 -7.69% $0.00 12 Apr 17, 2023 Ordinary Shares, nominal value $0.000304635 per share 1 Direct F2
* 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.
F2 The dividend equivalent rights are fully vested and accrued on a number of time-based restricted share units previously vested under the reporting person's time-based restricted share unit award. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share.
F3 The dividend equivalent rights accrued on the reporting person's time-based restricted share unit award and will vest based on the same vesting schedule applicable to the underlying restricted share unit award. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share.