Gene H Wickes, Willis Group Holdings Limited's Head of Benefits Deliv & Admin, just received 531 restricted shares from the company. The restricted shares don't become available to Wickes until such time as they become vested. Wickes now owns at least 5,539 restricted shares of the company.
Some additional info was provided as follows:
Vested shares under the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees settle for Ordinary Shares, nominal value $0.000304635 per share, on a 1:1 basis on the first business day of the month on which the NASDAQ Stock Market is open for business following the earlier of (i) the date that is 6 months after the reporting person's separation from service and (ii) the date that is 30 days after the re porting person's death.
Includes restricted share units acquired pursuant to the Company's contribution under the terms of the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees and credited to the participant's account.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
To receive a free e-mail notification whenever Willis Group Holdings Limited makes a similar move, sign up!