4//SEC Filing
Aon plc 4
Accession 0001179110-15-003213
$AONCIK 0000315293operating
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 9:28 PM ET
Size
11.4 KB
Accession
0001179110-15-003213
Insider Transaction Report
Form 4
Aon plcAON
Besio Gregory J
EVP/CAO
Transactions
- Gift
Class A Ordinary Shares
2015-02-17−1,100→ 59,065.35 total - Award
Restricted Share Unit (Right to Receive)
2015-02-19+2,653→ 2,653 totalFrom: 2016-02-19Exp: 2018-02-19→ Class A Ordinary Shares (2,653 underlying) - Exercise/Conversion
Class A Ordinary Shares
2015-02-19+133,174→ 192,239.35 total - Tax Payment
Class A Ordinary Shares
2015-02-19$100.28/sh−60,016$6,018,404→ 132,223.35 total
Footnotes (4)
- [F1]Represents Class A Ordinary Shares issued upon the settlement of performance share units originally granted approximately three years ago under the seventh cycle of the Leadership Performance Program ("LPP7") on March 16, 2012. The number of shares issued was determined by the Organization and Compensation Committee of Aon's Board of Directors on February 19, 2015 based upon Aon's performance relative to a cumulative adjusted three year earnings per share target for the period beginning January 1, 2012 and ending December 31, 2014. In accordance with the terms of LPP7, and the achievement of specified growth targets under LPP7, settlement occurred at 200% of the original target value. The terms of LPP7 are more fully described in a Current Report on Form 8-K filed with the SEC on March 21, 2012, and in the plan document filed as Exhibit 10.13 to Aon's Quarterly Report on Form 10-Q for the quarter ended March 31, 2012 filed with the SEC on May 8, 2012.
- [F2]Class A Ordinary Shares withheld by the issuer for the payment of withholding taxes in connection with the settlement of a performance share unit award.
- [F3]The restricted share unit award converts to Class A Ordinary Shares on a 1-for-1 basis. In accordance with U.K. law, the reporting person agreed to pay the issuer the nominal value of US$0.01 per share issued to the reporting person.
- [F4]The restricted share unit award will vest in accordance with the terms of the Aon plc 2011 Incentive Plan as follows: 33 1/3% of the awards will vest on each of the first through third anniversaries of the date of the grant.
Documents
Issuer
Aon plc
CIK 0000315293
Entity typeoperating
IncorporatedIreland
Related Parties
1- filerCIK 0000315293
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 9:28 PM ET
- Size
- 11.4 KB