Form 4 for WTW Willis Towers Watson
Accepted 2023-07-19 00:00:00 ET · period of report 2023-07-17 · accession 0001127602-23-021048 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-07-19 | 2023-07-17 | WTW | Kurpis Joseph Stephen | PAO, Ctrl | A - Grant | $0.00 | +0.39 | 720.39 | +0.1% | $0 |
| DM | 2023-07-19 | 2023-07-17 | WTW | Kurpis Joseph Stephen | PAO, Ctrl | A - Grant | $0.00 | +3.24 | 201.58 | +2% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Ordinary Shares, nominal value $0.000304635 per share | 2023-07-17 | A | A | 0.39 | $0.00 | 720.39 | D | — | — | (F1) The dividend equivalent rights accrued on the reporting person's previously reported restricted share unit award and will vest based on the same vesting schedule applicable to the underlying award. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share. |
| 2 | Derivative | Dividend Equivalent Rights- 2021 RSU | 2023-07-17 | A | A | 1.16 | $0.00 | 8.06 | D | — · — to — | 1.16 Ordinary Shares, nominal value $0.000304635 per share | (F1) The dividend equivalent rights accrued on the reporting person's previously reported restricted share unit award and will vest based on the same vesting schedule applicable to the underlying award. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share. |
| 3 | Derivative | Dividend Equivalent Rights- 2022 RSU | 2023-07-17 | A | A | 0.26 | $0.00 | 1.31 | D | — · — to — | 0.26 Ordinary Shares, nominal value $0.000304635 per share | (F1) The dividend equivalent rights accrued on the reporting person's previously reported restricted share unit award and will vest based on the same vesting schedule applicable to the underlying award. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share. |
| 4 | Derivative | Restricted Share Unit | 2023-07-17 | A | A | 1.10 | $0.00 | 300.89 | D | — · — to — | 1.10 Ordinary Shares, nominal value $0.000304635 per share | (F5) Represents dividends acquired pursuant to the Company's contribution under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees and credited to the participant's account in the form of restricted share units. (F4) Vested shares under the Willis Towers Watson 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. |
| 5 | Derivative | Restricted Share Unit | 2023-07-17 | A | A | 0.72 | $0.00 | 201.58 | D | — · — to — | 0.72 Ordinary Shares, nominal value $0.000304635 per share | (F3) Represents dividends 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. (F2) 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. |