John J. Haley - 03 Dec 2021 Form 4 Insider Report for WILLIS TOWERS WATSON PLC (WTW)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: WTW
Reported as of: 03 Dec 2021
Net transaction value: -$13,927,072
SEC form: 4
Accepted by SEC: 07 Dec 2021, 16:30:42 UTC
Prior SEC filing: 01 Dec 2021
Next SEC filing: 03 Jan 2022
Source filing: View source filing
Reporting owner signature: /s/ John J. Haley by Elaine Wiggins, Attorney-in-Fact (power of attorney previously filed)

Key filing fact

John J. Haley filed Form 4 for WILLIS TOWERS WATSON PLC (WTW) on 07 Dec 2021.

Key facts

This page summarizes John J. Haley's Form 4 filing for WILLIS TOWERS WATSON PLC (WTW).
8 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 07 Dec 2021, 16:30.

Change

Previous filing in this sequence was filed on 01 Dec 2021.
Current net transaction value: -$13,927,072.

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.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WTW transaction

Ordinary Shares, nominal value $0.000304635 per share

Options Exercise

Transaction value: $16,612,986
Shares: +150,235
Change %: +55%
Price: $110.58
Shares after: 424,376
Date: 03 Dec 2021
Ownership: Direct
Footnotes: F1

WTW transaction

Ordinary Shares, nominal value $0.000304635 per share

Tax liability

Transaction value: $8,987,857
Shares: -38,601
Change %: -9.1%
Price: $232.84
Shares after: 385,775
Date: 03 Dec 2021
Ownership: Direct
Footnotes: F2

WTW transaction

Ordinary Shares, nominal value $0.000304635 per share

Tax liability

Transaction value: $14,858,331
Shares: -63,808
Change %: -17%
Price: $232.86
Shares after: 321,967
Date: 03 Dec 2021
Ownership: Direct
Footnotes: F2

WTW transaction

Ordinary Shares, nominal value $0.000304635 per share

Sale

Transaction value: $1,821,345
Shares: -7,900
Change %: -27%
Price: $230.55
Shares after: 21,000
Date: 03 Dec 2021
Ownership: John J. Haley Revocable Trust
Footnotes: F1, F3

WTW transaction

Ordinary Shares, nominal value $0.000304635 per share

Sale

Transaction value: $2,985,095
Shares: -12,879
Change %: -61%
Price: $231.78
Shares after: 8,121
Date: 03 Dec 2021
Ownership: John J. Haley Revocable Trust
Footnotes: F1, F4

WTW transaction

Ordinary Shares, nominal value $0.000304635 per share

Sale

Transaction value: $1,650,885
Shares: -7,107
Change %: -88%
Price: $232.29
Shares after: 1,014
Date: 03 Dec 2021
Ownership: John J. Haley Revocable Trust
Footnotes: F1, F5

WTW transaction

Ordinary Shares, nominal value $0.000304635 per share

Sale

Transaction value: $236,546
Shares: -1,014
Change %: -100%
Price: $233.28
Shares after: 0
Date: 03 Dec 2021
Ownership: John J. Haley Revocable Trust
Footnotes: F1, F6

WTW holding

Ordinary Shares, nominal value $0.000304635 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 96,020
Date: 03 Dec 2021
Ownership: Grantor Retained Annuity Trusts

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WTW transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -150,235
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 03 Dec 2021
Ownership: Direct
Underlying class: Ordinary Shares, nominal value $0.000304635 per share
Underlying amount: 150,235
Exercise price: $110.58
Footnotes: F1, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

The transaction reported on this Form 4 is being executed in light of year-end tax planning and the executive's upcoming retirement.

Footnote F2

Withholding of shares by Issuer to satisfy the tax payment related to the stock option exercise as well as the aggregate exercise price for the stock option.

Footnote F3

This transaction was executed in multiple trades at prices ranging from $229.97 to $230.96. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Footnote F4

This transaction was executed in multiple trades at prices ranging from $230.97 to $231.96. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Footnote F5

This transaction was executed in multiple trades at prices ranging from $231.97 to $232.96. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Footnote F6

This transaction was executed in multiple trades at prices ranging from $232.97 to $233.71. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Footnote F7

100% of the shares underlying the option vested and were exercisable on July 1, 2018.