Neil O. Johnston - Feb 28, 2024 Form 4 Insider Report for Cushman & Wakefield plc (CWK)

Role
EVP, Chief Financial Officer and Chief Accounting Officer
Signature
/s/ Noelle J. Perkins, attorney-in-fact
Stock symbol
CWK
Transactions as of
Feb 28, 2024
Transactions value $
-$364,795
Form type
4
Date filed
3/1/2024, 04:18 PM
Previous filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWK Ordinary Shares Options Exercise $0 +28.4K +35.05% $0.00 110K Feb 28, 2024 Direct F1
transaction CWK Ordinary Shares Tax liability -$125K -12.7K -11.64% $9.81 96.8K Feb 28, 2024 Direct
transaction CWK Ordinary Shares Options Exercise $0 +74K +76.43% $0.00 171K Feb 28, 2024 Direct F2
transaction CWK Ordinary Shares Tax liability -$240K -24.4K -14.32% $9.81 146K Feb 28, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CWK Restricted Stock Units Options Exercise $0 -28.4K -100% $0.00* 0 Feb 28, 2024 Ordinary Shares 28.4K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Conversion of previously awarded restricted stock units ("RSUs") into an equal number of ordinary shares, without the payment of any consideration, pursuant to the Amended & Restated Cushman & Wakefield plc 2018 Omnibus Management Share and Cash Incentive Plan (the "A&R Omnibus Plan").
F2 Represents vesting of ordinary shares earned in respect of performance-based RSUs based on the achievement by the Issuer of certain performance targets for the 2021-2023 performance period pursuant to the A&R Omnibus Plan.
F3 RSUs were granted on February 28, 2021 and vest in three (3) equal installments on each of the first three (3) anniversaries of the grant date, subject, with certain limited exceptions, to the reporting person's continuing employment through each such vesting date.

Remarks:

EVP, Chief Financial Officer and Chief Accounting Officer