Filing Details

Accession Number:
0001179110-16-019799
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-02-22 19:40:13
Reporting Period:
2016-02-18
Filing Date:
2016-02-22
Accepted Time:
2016-02-22 19:40:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
315293 Aon Plc AON Insurance Agents, Brokers & Service (6411) 363051915
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1419356 Christa Davies C/O Aon Plc
8 Devonshire Square
London X0 EC2M 4PL
Evp And Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Ordinary Shares Acquisiton 2016-02-18 91,620 $0.00 318,838 No 4 A Direct
Class A Ordinary Shares Disposition 2016-02-18 37,075 $94.57 281,763 No 4 F Direct
Class A Ordinary Shares Acquisiton 2016-02-19 1,774 $0.00 283,537 No 4 M Direct
Class A Ordinary Shares Disposition 2016-02-19 745 $93.58 282,792 No 4 F Direct
Class A Ordinary Shares Disposition 2016-02-19 54,545 $93.35 228,247 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Ordinary Shares Restricted Share Unit (Right to Receive) Acquisiton 2016-02-18 5,922 $0.00 5,922 $0.00
Class A Ordinary Shares Restricted Share Unit (Right to Receive) Disposition 2016-02-19 1,774 $0.00 1,774 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,922 2017-02-18 2019-02-18 No 4 A Direct
3,549 2016-02-19 2018-02-19 No 4 M Direct
Footnotes
  1. Represents Class A Ordinary Shares issued upon the settlement of performance share units originally granted approximately three years ago under the eighth cycle of the Leadership Performance Program ("LPP8") on March 14, 2013. The number of shares issued was determined by the Organization and Compensation Committee of Aon's Board of Directors on February 18, 2016 based upon Aon's performance relative to a cumulative adjusted three year earnings per share target for the period beginning January 1, 2013 and ending December 31, 2015. In accordance with the terms of LPP8, and the achievement of specified growth targets under LPP8, settlement occurred at 200% of the original target value. The terms of LPP8 are more fully described in Aon plc's proxy statement filed with the SEC on June 24, 2014, and in the plan document filed as Exhibit 10.4 to Aon's Quarterly Report on Form 10-Q for the quarter ended March 31, 2013 filed with the SEC on May 1, 2013.
  2. Class A Ordinary Shares withheld by the issuer for the payment of withholding taxes in connection with the vesting of a performance share unit award.
  3. Class A Ordinary Shares acquired upon the vesting of a restricted share unit award.
  4. Class A Ordinary Shares withheld by the issuer for the payment of withholding taxes in connection with the vesting of a restricted share unit award.
  5. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $93.275 to $93.580, inclusive. The reporting person undertakes to provide to Aon plc, 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 range set forth in this footnote.
  6. The restricted share unit award converts to Class A Ordinary Shares on 1-for-1 basis. In accordance with U.K. law, the reporting person agreed to pay the issuer the nominal value of US$0.01 per share issued to the reporting person.
  7. The restricted share unit award vests in accordance with the terms of the Aon plc 2011 Incentive Compensation Plan as follows: 33 1/3% of the awards vest on each of the first through third anniversaries of the date of grant.