W. Brett White - Feb 23, 2024 Form 4 Insider Report for Cushman & Wakefield plc (CWK)

Role
Executive Chairman, Director
Signature
/s/ Noelle J. Perkins, attorney-in-fact
Stock symbol
CWK
Transactions as of
Feb 23, 2024
Transactions value $
-$1,033,093
Form type
4
Date filed
2/27/2024, 04:34 PM
Previous filing
Mar 7, 2023
Next filing
May 20, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWK Ordinary Shares Options Exercise $0 +125K +9.03% $0.00 1.5M Feb 23, 2024 Direct F1
transaction CWK Ordinary Shares Tax liability -$649K -66.1K -4.4% $9.82 1.44M Feb 23, 2024 Direct
transaction CWK Ordinary Shares Options Exercise $0 +74.2K +5.17% $0.00 1.51M Feb 24, 2024 Direct F1
transaction CWK Ordinary Shares Tax liability -$384K -39.1K -2.59% $9.82 1.47M Feb 24, 2024 Direct

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 CWK Restricted Stock Units Options Exercise $0 -125K -33.33% $0.00 249K Feb 23, 2024 Ordinary Shares 125K Direct F1, F2
transaction CWK Restricted Stock Units Options Exercise $0 -74.2K -50% $0.00 74.2K Feb 24, 2024 Ordinary Shares 74.2K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Conversion of previously awarded restricted stock units ("RSUs") into an equal number of ordinary shares, without the payment of any consideration, pursuant to the Amended & Restated Cushman & Wakefield plc 2018 Omnibus Management Share and Cash Incentive Plan.
F2 RSUs were granted on February 23, 2023 and vest in three (3) equal installments on each of the first three (3) anniversaries of the grant date, subject, with certain limited exceptions, to the reporting person's continuing employment through each such vesting date.
F3 RSUs were granted on February 24, 2022 and vest in three (3) equal installments on each of the first three (3) anniversaries of the grant date, subject, with certain limited exceptions, to the reporting person's continuing employment through each such vesting date.

Remarks:

Exhibit 24 - Power of Attorney