Kristy D. Banas - Jan 11, 2024 Form 4 Insider Report for WILLIS TOWERS WATSON PLC (WTW)

Signature
/s/ Elaine Wiggins, Attorney-in-Fact for Kristy D. Banas (power of attorney previously filed)
Stock symbol
WTW
Transactions as of
Jan 11, 2024
Transactions value $
$13,784
Form type
4
Date filed
1/12/2024, 05:00 PM
Previous filing
Nov 1, 2023
Next filing
Jan 18, 2024

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 $11.4K +46.1 +6.74% $247.07 730 Jan 11, 2024 Ordinary Shares, nominal value $0.000304635 per share 46.1 Direct F1, F2
transaction WTW Restricted Share Unit Award $2.4K +9.7 +2.19% $247.07 453 Jan 11, 2024 Ordinary Shares, nominal value $0.000304635 per share 9.7 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.