Darren Zeidel - Feb 17, 2022 Form 4 Insider Report for Aon plc (AON)

Role
General Counsel
Signature
/s/ Julie Cho - Julie Cho pursuant to a power of attorney from Darren Zeidel
Stock symbol
AON
Transactions as of
Feb 17, 2022
Transactions value $
-$603,955
Form type
4
Date filed
2/22/2022, 04:29 PM
Previous filing
Feb 15, 2022
Next filing
Mar 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AON Class A Ordinary Stock Award +4.85K +38.03% 17.6K Feb 17, 2022 Direct F1
transaction AON Class A Ordinary Stock Tax liability -$604K -2.15K -12.21% $281.04 15.4K Feb 17, 2022 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 AON Restricted Share Unit (Right to Receive) Award $0 +1.12K $0.00 1.12K Feb 17, 2022 Class A Ordinary Shares 1.12K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Class A Ordinary Shares issued upon the settlement of performance share unit awards originally granted approximately three years ago under the fourteenth cycle of the Company's Leadership Performance Program. The number of shares issued was determined by the Organization and Compensation Committee of the Board of Directors on February 17, 2022, based on the Company's performance for the period from January 1, 2019 to December 31, 2021.
F2 Class A Ordinary Shares withheld by the issuer for payment of withholding taxes in connection with the vesting of the award.
F3 The restricted share unit award converts to Class A Ordinary Shares on a 1-for-1 basis. In accordance with Irish law, the reporting person agreed to pay the issuer the nominal value of US$0.01 per share issued to the reporting person.
F4 The restricted share unit award vests in accordance with the terms of the Aon plc 2011 Incentive Compensation Plan as follows: 33 1/3% of the award vests on each of the first through third anniversary of the date of the grant.