Matthew Furman - Jul 17, 2023 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)
Stock symbol
WTW
Transactions as of
Jul 17, 2023
Transactions value $
$0
Form type
4
Date filed
7/19/2023, 05:25 PM
Previous filing
Jul 13, 2023
Next filing
Jul 24, 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 +16.7 +0.05% $0.00 31.8K Jul 17, 2023 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 Restricted Share Unit Award $0 +8.51 +0.36% $0.00 2.4K Jul 17, 2023 Ordinary Shares, nominal value $0.000304635 per share 8.51 Direct F2, F3
transaction WTW Restricted Share Unit Award $0 +8.14 +0.36% $0.00 2.25K Jul 17, 2023 Ordinary Shares, nominal value $0.000304635 per share 8.14 Direct F4, F5
transaction WTW Dividend Equivalent Rights- 2022 RSU Award $0 +2.3 +24.67% $0.00 11.6 Jul 17, 2023 Ordinary Shares, nominal value $0.000304635 per share 2.3 Direct F1
* 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 the reporting person's previously reported restricted share unit award and will vest based on the same vesting schedule applicable to the underlying award. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share.
F2 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.
F3 Represents dividends 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.
F4 Vested shares under the Willis Towers Watson 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.
F5 Represents dividends acquired pursuant to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees (the "Excess Plan"), including the participant's deferral election under the Excess 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 Excess Plan.