Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AON | Class A Ordinary Stock | Award | +84.5K | +42.34% | 284K | Feb 16, 2023 | Direct | F1 | ||
transaction | AON | Class A Ordinary Stock | Tax liability | -$10.3M | -33.2K | -11.7% | $310.25 | 251K | Feb 16, 2023 | Direct | F2 |
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 | +7.95K | $0.00 | 7.95K | Feb 16, 2023 | Class A Ordinary Shares | 7.95K | Direct | F3, F4 |
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 fifteenth 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 16, 2023, based on the Company's performance for the period from January 1, 2020 to December 31, 2022. |
F2 | Class A Ordinary Shares withheld by the issuer for payment of 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. |