0001127602-23-004034.txt : 20230208
0001127602-23-004034.hdr.sgml : 20230208
20230208170511
ACCESSION NUMBER: 0001127602-23-004034
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230206
FILED AS OF DATE: 20230208
DATE AS OF CHANGE: 20230208
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hess Carl Aaron
CENTRAL INDEX KEY: 0001435988
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16503
FILM NUMBER: 23599980
MAIL ADDRESS:
STREET 1: 901 NORTH GLEBE RD
CITY: ARLINGTON
STATE: VA
ZIP: 22203
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
2023-02-06
0001140536
WILLIS TOWERS WATSON PLC
WTW
0001435988
Hess Carl Aaron
C/O WILLIS GROUP LIMITED
51 LIME STREET
LONDON
X0
EC3M 7DQ
UNITED KINGDOM
1
1
Chief Executive Officer
Ordinary Shares, nominal value $0.000304635 per share
2023-02-06
4
A
0
4695
0
A
65743.083
D
Ordinary Shares, nominal value $0.000304635 per share
2023-02-06
4
F
0
202
252.39
D
65541.083
D
Restricted Share Unit
2023-02-06
4
A
0
161.9142
0
A
Ordinary Shares, nominal value $0.000304635 per share
161.9142
5722.4798
D
Represents the number of performance-based restricted share units earned upon the certification of the achievement of certain pre-established performance goals based on three-year annualized total shareholder return during the three-year performance period that ended on December 31, 2022, each of which earned unit represents the right to receive one ordinary share of the Issuer upon the satisfaction of the service-based vesting requirement on July 20, 2023, subject to the terms of the award agreement. This number also includes the number of ordinary shares of the Issuer that are issuable pursuant to the dividend equivalent right under the terms of the award agreement providing for the accrual of dividends 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.
Represents the number of ordinary shares of the Issuer withheld by the Issuer from the ordinary shares that are eventually eligible to be issued upon the vesting date of July 20, 2023 to satisfy the reporting person's FICA and income tax withholding obligations relating to the number of performance-based restricted share units that were deemed to be earned as of the performance goal attainment level certification date and to be eligible to vest on the vesting date and based on the reporting person's retirement-vesting eligibility status as of the performance goal attainment level certification date.
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.
Includes restricted share units acquired pursuant to the Company's contribution under the terms of the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees and credited to the participant's account.
/s/ Carl A. Hess by Elaine Wiggins, Attorney-in-Fact (power of attorney previously filed)
2023-02-08