Joseph Gunn - Jun 15, 2021 Form 4 Insider Report for WILLIS TOWERS WATSON PLC (WTW)

Role: Head of North America
Signature: /s/ Joseph Gunn by Elaine Wiggins, Attorney-in-Fact (power of attorney previously filed)
Stock symbol: WTW
Transactions as of: Jun 15, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/17/2021, 04:16 PM
Previous filing: May 7, 2021
Next filing: Jul 13, 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WTW	Ordinary Shares, nominal value $0.000304635 per share	Award	$0	+14.3	+0.06%	$0.00	25.7K	Jun 15, 2021	Direct	F1

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	WTW	Restricted Share Unit	Award	$0	+1.41	+0.09%	$0.00	1.61K	Jun 15, 2021	Ordinary Shares, nominal value $0.000304635 per share	1.41		Direct	F2, F3
transaction	WTW	Restricted Share Unit	Award	$0	+3.05	+0.19%	$0.00	1.61K	Jun 15, 2021	Ordinary Shares, nominal value $0.000304635 per share	3.05		Direct	F2, F4

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

Explanation of Responses:

Id	Content
F1	The dividend equivalent rights accrued on a number of performance-based restricted share units previously earned under the reporting person's performance-based restricted share unit award and credited in the form of additional restricted share units that vest and are payable at the same time as the underlying performance-based restricted share units. Each dividend equivalent right is the economic equivalent of one WLTW Ordinary Share.
F2	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.
F3	Represents dividends acquired pursuant to the participant's deferral election under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees.
F4	Represents dividends acquired pursuant to the Company's matching contribution on the participant's deferral election pursuant to the terms of 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.