WILLIS GROUP HOLDINGS PLC 4
4 · WILLIS GROUP HOLDINGS PLC · Filed Aug 13, 2014
Insider Transaction Report
Form 4
ROBERTS DOUGLAS B
Director
Transactions
- Award
Ordinary Shares, nominal value $0.000115 per share
2014-08-11+2,440→ 22,011 total - Sale
Ordinary Shares, nominal value $0.000115 per share
2014-08-12$40.85/sh−1,160$47,386→ 20,851 total
Footnotes (4)
- [F1]Comprised of 2,440 restricted share units ("RSUs"), which represent the right to receive ordinary shares, par value $0.000115 per share, of the Issuer. The RSUs shall vest in full on August 11, 2015.
- [F2]The sales reported in this Form 4 were pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 27, 2013 to cover taxes incurred on the vesting of RSUs.
- [F3]The number of securities disposed of represents the aggregate number of shares sold in multiple open market transactions having prices ranging from $40.78 to $40.90 per share. The price listed in Table I represents the weighted average sale price for such sales. The reporting person undertakes to provide the staff of the Securities and Exchange Commission, the Issuer, or a stockholder of the Issuer, upon request, information regarding the number of shares sold at each separate price within the range.
- [F4]Includes 2,440 RSUs noted in footnote (1) and 3,189 vested RSUs with a deferred settlement upon the reporting person's separation from service from the Issuer, and gives effect to vests of RSUs granted in August 2013.