Eric Andersen - 26 Jul 2023 Form 4 Insider Report for Aon plc (AON)

Role: President
Signature: /s/ Julie Cho - Julie Cho pursuant to a power of attorney from Eric Andersen
Issuer symbol: AON
Transactions as of: 26 Jul 2023
Net transactions value: $0
Form type: 4
Filing time: 28 Jul 2023, 18:11:31 UTC
Previous filing: 11 May 2023
Next filing: 13 Feb 2024
SEC: View on sec.gov

Key filing fact

Eric Andersen filed Form 4 for Aon plc (AON) on 28 Jul 2023.

Key facts

This page summarizes Eric Andersen's Form 4 filing for Aon plc (AON).
1 reported transaction and 1 derivative row are listed below.
Filing timestamp: 28 Jul 2023, 18:11.

Change

Previous filing in this sequence was filed on 11 May 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

AON transaction Derivative

Performance Share Unit

Award

Transaction value: $0
Shares: +50,000
Change %
Price: $0.000000
Shares after: 50,000
Date: 26 Jul 2023
Ownership: Direct
Underlying class: Class A Ordinary Shares
Underlying amount: 50,000
Exercise price
Footnotes: F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each performance share unit represents a contingent right to receive one class A ordinary share. The performance share units will vest on March 31, 2028, subject to continued employment conditions and accelerated vesting in certain circumstances, based upon the highest trading day average closing price of the class A ordinary shares of the Company for any 90 consecutive trading days (the "Average Share Price") during the performance period from July 26, 2023 to March 31, 2028: (i) entry (50%) if the Average Share Price is greater than $475, (ii) target (100%) if the Average Share Price is $500 and (iii) stretch (200%) if the Average Share Price is $550.
F2	No performance share units will vest if the average closing price of the Company's shares for the 90 consecutive trading days ending on March 31, 2028 is below $475. If the Average Share Price is between the entry, target and stretch levels, a proportionate number of PSUs between those levels will be earned.

Content

Each performance share unit represents a contingent right to receive one class A ordinary share. The performance share units will vest on March 31, 2028, subject to continued employment conditions and accelerated vesting in certain circumstances, based upon the highest trading day average closing price of the class A ordinary shares of the Company for any 90 consecutive trading days (the "Average Share Price") during the performance period from July 26, 2023 to March 31, 2028: (i) entry (50%) if the Average Share Price is greater than $475, (ii) target (100%) if the Average Share Price is $500 and (iii) stretch (200%) if the Average Share Price is $550.

No performance share units will vest if the average closing price of the Company's shares for the 90 consecutive trading days ending on March 31, 2028 is below $475. If the Average Share Price is between the entry, target and stretch levels, a proportionate number of PSUs between those levels will be earned.