WILLIS TOWERS WATSON PLC 4
4 · WILLIS TOWERS WATSON PLC · Filed Jan 6, 2016
Insider Transaction Report
Form 4
Foreman James K
Head of Exchange Solutions
Transactions
- Award
Restricted Share Unit
2016-01-04+1,725→ 1,725 totalExercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Ordinary Shares, nominal value $0.000304635 per share (1,725 underlying) - Award
Stock Option (right to buy)
2016-01-04+50,367→ 50,367 totalExercise: $110.58From: 2018-07-01Exp: 2022-09-10→ Ordinary Shares, nominal value $0.000304635 per share (50,367 underlying) - Award
Ordinary Shares, nominal value $0.000304635 per share
2016-01-04+25,007→ 25,007 total
Footnotes (3)
- [F1]Received 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 Towers Watson & Co. ("TW") in exchange for an equal number of shares of TW Class A Common Stock ("Common Stock") having a market value of $123.00 per share on January 4, 2015, the closing date of the Merger.
- [F2]Received in the Merger in exchange for a stock option to acquire an equal number of shares of TW Common Stock at a price of $110.58 per share. The option vests in full on July 1, 2018, subject to the reporting person's continued service with Willis or any subsidiary through such vesting date.
- [F3]Received in the Merger in exchange for restricted stock units with a value equivalent to a number of shares of TW Common Stock (after rounding down to the nearest whole number of shares in accordance with the terms of the Merger Agreement) equal to the number of Willis ordinary shares represented by such Restricted Share Unit.