FORM 3 ------------------------------
OMB APPROVAL
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OMB Number 3235-0104
Expires: January 31, 2005
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Nuttall Scott C.
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(Last) (First) (Middle)
c/o Kohlberg Kravis Roberts & Co.
9 West 57th Street
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(Street)
New York New York 10019
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
12/31/02
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Willis Group Holdings Limited/WSH
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[X] Director [_] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[_] Form filed by More than one Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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2. Amount of Securities 3. Ownership Form:
1. Title of Security Beneficially Owned Direct (D) or 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) Indirect (Instr. 5)
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Common Stock 3,000 D
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly
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FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5)
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Right to
Common Stock See Note 1 See Note 1 Common Stock 2,149 $0 I receive
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Explanation of Responses:
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
/s/ William J. Janetschek 1/09/03
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**Signature of Reporting Person Date
William J. Janetschek, as
attorney-in-fact for Scott C.
Nuttall
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SEC 1473 (7/96)
Scott C. Nuttall 12/31/02 Willis Group Holdings Limited
c/o Kohlberg Kravis Roberts & Co. WSH
9 West 57th Street
New York, New York 10019
Note 1 to Form 3
The reported derivative security represents the number of shares receivable as
a result of the election to defer the directorship fees under the Company's
Non-Employee Directors' Deferred Compensation Plan. These shares are received
upon the earlier of (1) a change of control of the Company; (2) the first
business day of the calendar year following the date the director retires,
resigns or ceases to serve as a director or; (3) the termination of the Plan.
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POWER OF ATTORNEY
Know all men by these presents that Scott C. Nuttall does hereby make,
constitute and appoint William J. Janetschek and Richard J. Kreider, or either
one of them, as a true and lawful attorney-in-fact of the undersigned with
full powers of substitution and revocation, for and in the name, place and
stead of the undersigned in the undersigned's individual capacity to execute
and deliver such forms as may be required to be filed from time to time with
the Securities and Exchange Commission with respect to: (i) Sections 13(d) and
16(a) of the Securities Exchange Act of 1934, as amended (the "Act"),
including without limitation, Schedule 13D, Schedule 14G, statements on Form
3, Form 4 and Form 5 and (ii) in connection with any applications for EDGAR
access codes, including without limitation the Form ID.
/s/ Scott C. Nuttall
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Name: Scott C. Nuttall
Date: November 20, 2002
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