Krauze Vic 4
4 · WILLIS GROUP HOLDINGS PLC · Filed Feb 11, 2011
Insider Transaction Report
Form 4
Krauze Vic
CEO, Willis North America
Transactions
- Award
Option
2011-02-09+50,000→ 50,000 totalExercise: $31.02Exp: 2018-10-01→ Ordinary Shares, nominal value $0.000115 per share (50,000 underlying)
Footnotes (2)
- [F1]On October 1, 2010, the reporting person was granted 50,000 options to purchase ordinary shares, par value $0.000115 per share, of Willis Group Holdings Public Limited Company (the "Company). The options shall vest, subject to the Company achieving certain performance criteria for the fiscal year ending December 31, 2010, in equal tranches on each of the second through fifth anniversaries of the grant date. On February 9, 2011, the performance criteria for fiscal year 2010 were met.
- [F2]The option becomes exercisable as to 12,500 shares on each of the second through fifth anniversaries of the grant date.