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Aon plc Director's Dealing 2010

Nov 4, 2010

29919_dirs_2010-11-04_d4bfa7e6-dfea-494e-a3a2-329b8b89772f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AON CORP (AOC)
CIK: 0000315293
Period of Report: 2010-11-02

Reporting Person: FRADIN RUSSELL P (CEO/Chair - Aon Hewitt)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-11-02 Common Stock S 88942 $39.84 Disposed 140291 Direct
2010-11-02 Common Stock M 271320 $20.44 Acquired 411611 Direct
2010-11-02 Common Stock S 271320 $39.84 Disposed 140291 Direct
2010-11-02 Common Stock M 193800 $17.65 Acquired 334091 Direct
2010-11-02 Common Stock S 193800 $39.84 Disposed 140291 Direct
2010-11-02 Common Stock M 234627 $17.65 Acquired 374918 Direct
2010-11-02 Common Stock S 234627 $39.84 Disposed 140291 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-11-02 Employee Stock Option (Right to Buy) $20.44 M 271320 Disposed 2018-12-01 Common Stock (271320) Direct
2010-11-02 Employee Stock Option (Right to Buy) $17.65 M 193800 Disposed 2015-02-15 Common Stock (193800) Direct
2010-11-02 Employee Stock Option (Right to Buy) $17.65 M 234627 Disposed 2016-09-05 Common Stock (234627) Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.70 to $39.99, inclusive. The reporting person undertakes to provide Aon Corporation ("Aon"), any stockholder of Aon, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

F2: Includes 127,291 shares representing a fully vested restricted stock unit award that will be settled and distributed upon the reporting person's departure from Aon.

F3: Represents an option to purchase shares of Hewitt common stock that was converted to an option to purchase shares of Aon common stock pursuant to the Agreement and Plan of Merger dated as of July 11, 2010, among Aon, Alps Merger Corp., Alps Merger LLC and Hewitt Associates, LLC. The option is fully vested and immediately exercisable.