WILLIS TOWERS WATSON PLC — Director's Dealing 2022

Apr 5, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WILLIS TOWERS WATSON PLC (WTW)
CIK: 0001140536
Period of Report: 2022-04-01

Reporting Person: Banas Kristy D (Chief Human Resources Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-01	Ordinary Shares, nominal value $0.000304635 per share	M	480.625	—	Acquired	2365.235	Direct
2022-04-01	Ordinary Shares, nominal value $0.000304635 per share	D	480.625	$227.62	Disposed	1884.61	Direct
2022-04-01	Ordinary Shares, nominal value $0.000304635 per share	A	694	—	Acquired	2578.61	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-04-01	Phantom Stock Unit	$	M	480.625	Disposed	2022-04-01	Ordinary Shares, nominal value $0.000304635 per share (480.625)	Direct

Footnotes

F1: Each share underlying the phantom stock unit award was the economic equivalent of one WTW Ordinary Share. Dividend equivalent rights accrued under the phantom stock unit award in the form of additional phantom stock units that vested based on the same vesting schedule applicable to the underlying phantom stock unit award. Each dividend equivalent right that accrued in the form of phantom stock units was the economic equivalent of one WTW Ordinary Share. The phantom stock units, including the dividend equivalents, were settled in cash delivered to the Reporting Person.

F2: Comprised of 694 time-based restricted share units ("RSUs"), which represent the right to receive ordinary shares, par value $0.000304635 per share, of the Issuer. The RSUs shall vest ratably over a three-year period as of the first, second and third anniversaries of the grant date.