Matthew Furman - 16 Jan 2024 Form 4 Insider Report for WILLIS TOWERS WATSON PLC (WTW)

Signature
/s/ Matthew Furman by Elaine Wiggins, Attorney-in-Fact (power of attorney previously filed)
Issuer symbol
WTW
Transactions as of
16 Jan 2024
Net transactions value
$0
Form type
4
Filing time
18 Jan 2024, 16:09:59 UTC
Previous filing
12 Jan 2024
Next filing
12 Feb 2024

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 +3 +0.01% $0.000000 30,815 16 Jan 2024 Direct F1, 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 Restricted Share Unit Award $0 +8 +0.33% $0.000000 2,540 16 Jan 2024 Ordinary Shares, nominal value $0.000304635 per share 8 Direct F3, F4
transaction WTW Restricted Share Unit Award $0 +8 +0.34% $0.000000 2,373 16 Jan 2024 Ordinary Shares, nominal value $0.000304635 per share 8 Direct F5, F6
transaction WTW Dividend Equivalent Rights- 2022 RSU Award Award $0 +2 +15% $0.000000 16 16 Jan 2024 Ordinary Shares, nominal value $0.000304635 per share 2 Direct F1
* 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 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.
F2 Includes 971.163 shares that were previously reported by the reporting person as being acquired, but were inadvertently not included in the amount of securities beneficially owned in subsequent filings.
F3 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.
F4 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.
F5 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.
F6 Represents dividends acquired pursuant to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees (the "Excess Plan"), including the participant's deferral election under the Excess 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 Excess Plan.