4//SEC Filing
Towers Watson & Co. 4
Accession 0001127602-16-036341
CIK 0001470215operating
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 4:12 PM ET
Size
12.1 KB
Accession
0001127602-16-036341
Insider Transaction Report
Form 4
Hicks Kirkland L
VP and General Counsel
Transactions
- Disposition to Issuer
Class A Common Stock
2016-01-04−6,072.512→ 0 total - Disposition to Issuer
Restricted Stock Unit
2016-01-04−1,150.11→ 0 totalExercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Class A Common Stock (1,150.11 underlying) - Disposition to Issuer
Stock Option- Right to Buy
2016-01-04−16,123→ 0 totalExercise: $110.58From: 2015-12-08Exp: 2022-09-10→ Class A Common Stock (16,123 underlying) - Award
Stock Option- Right to Buy
2016-01-04+6,077→ 16,123 totalExercise: $110.58From: 2015-12-08Exp: 2022-09-10→ Class A Common Stock (6,077 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger (the "Merger Agreement" and the merger contemplated thereby, the "Merger") by and Among Willis Group Holdings PLC ("Willis"), Citadel Merger Sub, Inc. and the Issuer in exchange for an equal number of Willis ordinary shares (and cash in lieu of fractional Willis ordinary shares) having a market value of $124.98 per share on the closing date of the Merger.
- [F2]The option may be exercised at any time on or after the date of vesting until September 10, 2022, unless earlier terminated in accordance with the terms of the Towers Watson & Co. 2009 Long Term Incentive Plan.
- [F3]This option was assumed by Willis in the Merger and replaced with an option to purchase an equal number of Willis ordinary shares for $110.58 per ordinary share.
- [F4]These Restricted Stock Units were assumed by Willis in the Merger and replaced with a Restricted Share Unit with a value equivalent to a number of Willis ordinary shares equal to the number of Issuer shares represented by such Restricted Stock Units, rounded down to the nearest whole number in accordance with the terms of the Merger Agreement.
Documents
Issuer
Towers Watson & Co.
CIK 0001470215
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001470215
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 4:12 PM ET
- Size
- 12.1 KB