0001127602-17-027729.txt : 20170919
0001127602-17-027729.hdr.sgml : 20170919
20170919161040
ACCESSION NUMBER: 0001127602-17-027729
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170915
FILED AS OF DATE: 20170919
DATE AS OF CHANGE: 20170919
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Gebauer Julie Jarecke
CENTRAL INDEX KEY: 0001477865
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16503
FILM NUMBER: 171092110
MAIL ADDRESS:
STREET 1: JUPITER SATURN HOLDING CO
STREET 2: 875 THIRD AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: WILLIS TOWERS WATSON PLC
CENTRAL INDEX KEY: 0001140536
STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411]
IRS NUMBER: 000000000
STATE OF INCORPORATION: L2
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: C/O WILLIS GROUP LIMITED
STREET 2: 51 LIME STREET
CITY: LONDON ENGLAND
STATE: X0
ZIP: EC3M 7DQ
BUSINESS PHONE: 44-20-3124-6000
MAIL ADDRESS:
STREET 1: C/O WILLIS GROUP LIMITED
STREET 2: 51 LIME STREET
CITY: LONDON ENGLAND
STATE: X0
ZIP: EC3M 7DQ
FORMER COMPANY:
FORMER CONFORMED NAME: WILLIS GROUP HOLDINGS PLC
DATE OF NAME CHANGE: 20100104
FORMER COMPANY:
FORMER CONFORMED NAME: WILLIS GROUP HOLDINGS LTD
DATE OF NAME CHANGE: 20010514
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2017-09-15
0001140536
WILLIS TOWERS WATSON PLC
WLTW
0001477865
Gebauer Julie Jarecke
C/O WILLIS GROUP LIMITED
51 LIME STREET
LONDON
X0
EC3M 7DQ
UNITED KINGDOM
1
Head of Human Capital&Benefits
Restricted Share Unit
2017-09-15
4
A
0
15435
0
A
Ordinary Shares, nominal value $0.000304635 per share
15435
17901.8465
D
Restricted Share Unit
2017-09-15
4
F
0
364
152.42
D
Ordinary Shares, nominal value $0.000304635 per share
364
17537.8465
D
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.
The Reporting Person was granted unvested performance-vesting restricted share units (PVRSUs) on September 25, 2013, which vest over a three-year performance period to the extent that certain predetermined performance criteria are achieved and based on the Reporting Person's continued employment with the Issuer. Pursuant to the terms of the applicable award agreement, the award's performance in the event of a Change in Control occurring during the performance period was considered to be the greater of target or actual performance at the time of the Change in Control. As the PVRSUs were accruing at 204% at the time of the Willis Towers Watson merger, that level of performance was locked in upon the closing of the merger. The PVRSUs thereafter vested and were settled in shares on September 15, 2017 and are reported herein. The number of PVRSUs that vested includes additional restricted share units granted as a result of the special dividend declared by Towers Watson on December 29, 2015. In order to maintain the Company's tax deductions, these shares are being deferred into the Towers Watson Non-Qualified Deferred Savings Plan for US Employees.
This represents restricted share units that were withheld by the Issuer to satisfy local withholding tax requirements.
/s/ Julie J. Gebauer by Thomas D. Scholtes, Attorney-in-Fact (power of attorney previously filed)
2017-09-19