WILLIS TOWERS WATSON PLC — Director's Dealing 2023

Apr 4, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WILLIS TOWERS WATSON PLC (WTW)
CIK: 0001140536
Period of Report: 2023-04-01

Reporting Person: Garrard Adam (Head of Risk & Broking)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-01	Ordinary Shares, nominal value $0.000304635 per share	A	1251	—	Acquired	17694.983	Direct
2023-04-01	Ordinary Shares, nominal value $0.000304635 per share	A	860	—	Acquired	18554.983	Direct
2023-04-01	Ordinary Shares, nominal value $0.000304635 per share	X	4	—	Acquired	18558.983	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-04-01	Dividend Equivalent Rights	$	X	4	Disposed		Ordinary Shares, nominal value $0.000304635 per share (4)	Direct

Footnotes

F1: Comprised of 1,251 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.

F2: Comprised of 860 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 two-year period as of the first and second anniversaries of the grant date.

F3: The dividend equivalent rights accrued on the reporting person's RSU award and were credited in the form of additional RSUs that vested and were payable at the same time as the underlying RSUs. Each dividend equivalent right is the economic equivalent of one WTW Ordinary Share.