Matthew Furman, Willis Group Holdings Limited's General Counsel, just received 40 restricted shares from the company. The restricted shares don't become available to Furman until such time as they become vested. Furman now owns at least 1,896 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 reporting person' s death.
Includes restricted share units credited to the participant's account by the Company pursuant to the Willis Towers Watson Non-Qualified Stable Value Excess Plan for U.S. Employees (the "Plan") accrual formula, net of the units acquired pursuant to the participant's deferral election under the Plan.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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