LANE JEFFREY B/ 4
4 · WILLIS GROUP HOLDINGS PLC · Filed May 4, 2011
Insider Transaction Report
Form 4
LANE JEFFREY B/
Director
Transactions
- Award
Ordinary Shares, nominal value $0.000115 per share
2011-05-02+2,409→ 10,095 total - Sale
Ordinary Shares, nominal value $0.000115 per share
2011-05-03$41.48/sh−1,385$57,454→ 8,710 total
Footnotes (4)
- [F1]Comprised of 2,409 restricted share units ("RSUs"), which represent the right to recieve ordinary shares, par value $0.000115 per share, of Willis Group Holdings Public Limited Company. The RSUs shall vest 100% on May 2, 2012.
- [F2]The sales reported in this Form 4 were pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 15, 2011 to cover taxes incurred on the vesting of 2,869 RSUs on May 3, 2011.
- [F3]The number of securities disposed of represents the aggregate number of shares sold in multiple open market transactions having prices ranging from $41.24 to $41.58 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 an aggregate of 2,409 RSUs subject to the satisfaction of vesting requirements. This amount gives effect to the RSUs that vested on May 3, 2011.