Matthew Furman - 03 Mar 2023 Form 4 Insider Report for WILLIS TOWERS WATSON PLC (WTW)

Role
General Counsel
Signature
/s/ Matthew Furman by Elaine Wiggins, Attorney-in-Fact (power of attorney previously filed)
Issuer symbol
WTW
Transactions as of
03 Mar 2023
Net transactions value
-$704,425
Form type
4
Filing time
07 Mar 2023, 16:00:20 UTC
Previous filing
08 Feb 2023
Next filing
04 Apr 2023
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 Options Exercise $1,466,784 +12,571 +44% $116.68 41,071 03 Mar 2023 Direct F1
transaction WTW Ordinary Shares, nominal value $0.000304635 per share Tax liability $2,171,210 -9,080 -22% $239.12 31,991 03 Mar 2023 Direct F2

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 Stock Option (right to buy) Options Exercise $0 -12,571 -100% $0.000000* 0 03 Mar 2023 Ordinary Shares, nominal value $0.000304635 per share 12,571 $116.68 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option was exercised on a net settlement basis.
F2 Represents the number of shares withheld by the Issuer to satisfy (i) withholding taxes related to such exercise and (ii) the aggregate exercise price for the stock option.
F3 100% of the shares underlying the option were vested and exercisable as of November 9, 2018.