4//SEC Filing
Aon plc 4
Accession 0001179110-16-019800
$AONCIK 0000315293operating
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 7:40 PM ET
Size
15.8 KB
Accession
0001179110-16-019800
Insider Transaction Report
Form 4
Aon plcAON
McGill Stephen P
Chairman/CEO - ARS
Transactions
- Tax Payment
Class A Ordinary Shares
2016-02-18$94.57/sh−54,580$5,161,631→ 297,435 total - Award
Restricted Share Unit (Right to Receive)
2016-02-18+7,032→ 7,032 totalFrom: 2017-02-18Exp: 2019-02-18→ Class A Ordinary Shares (7,032 underlying) - Exercise/Conversion
Class A Ordinary Shares
2016-02-19+2,210→ 299,645 total - Award
Class A Ordinary Shares
2016-02-18+133,266→ 352,015 total - Tax Payment
Class A Ordinary Shares
2016-02-19$93.58/sh−876$81,976→ 298,769 total - Exercise/Conversion
Restricted Share Unit (Right to Receive)
2016-02-19−2,210→ 4,421 totalFrom: 2016-02-19Exp: 2018-02-19→ Class A Ordinary Shares (2,210 underlying)
Holdings
- 150,000(indirect: By Spouse)
Class A Ordinary Shares
Footnotes (6)
- [F1]Represents Class A Ordinary Shares issued upon the settlement of performance share units originally granted approximately three years ago under the eighth cycle of the Leadership Performance Program ("LPP8") on March 14, 2013. The number of shares issued was determined by the Organization and Compensation Committee of Aon's Board of Directors on February 18, 2016 based upon Aon's performance relative to a cumulative adjusted three year earnings per share target for the period beginning January 1, 2013 and ending December 31, 2015. In accordance with the terms of LPP8, and the achievement of specified growth targets under LPP8, settlement occurred at 200% of the original target value. The terms of LPP8 are more fully described in Aon plc's proxy statement filed with the SEC on June 24, 2014, and in the plan document filed as Exhibit 10.4 to Aon's Quarterly Report on Form 10-Q for the quarter ended March 31, 2013 filed with the SEC on May 1, 2013.
- [F2]Class A Ordinary Shares withheld by the issuer for the payment of withholding taxes in connection with the vesting of a performance share unit award.
- [F3]Class A Ordinary Shares acquired upon the vesting of a restricted share unit award.
- [F4]Class A Ordinary Shares withheld by the issuer for the payment of withholding taxes in connection with the vesting of a restricted share unit award.
- [F5]The restricted share unit award converts to Class A Ordinary Shares on 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.
- [F6]The restricted share unit award vests in accordance with the terms of the Aon plc 2011 Incentive Compensation Plan as follows: 33 1/3% of the awards vest on each of the first through third anniversaries of the date of grant.
Documents
Issuer
Aon plc
CIK 0000315293
Entity typeoperating
IncorporatedIreland
Related Parties
1- filerCIK 0000315293
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 7:40 PM ET
- Size
- 15.8 KB