SEC Form 4 · accession 0001225208-15-003496
CHUBB CORP · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard G. Spiro
Officer — Executive Vice President
Period of report
Feb 9, 2015
Accepted (ET)
Feb 11, 2015 · 1:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000020171
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Feb 9, 2015 | M | 10,202 | $100.26 | A | 108,803 | D | |
| Common Shares | Feb 9, 2015 | F | 3,724 | $100.26 | D | 105,079 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On 2/22/12, the reporting person received a target award of 28,983 performance shares (the "Award"). Under the terms of the Award, the reporting person would be entitled to receive a number of shares of Chubb's common stock ("Common Stock) equal to the target award multiplied by a performance multiplier ranging from 0% to 200% depending on Chubb's relative stock performance compared to other companies in the S&P 500 Index that continued to file public reports during the period from 1/1/12 through 12/31/14. On 2/09/2015, the performance multiplier for the Award was determined to be 35.20%, which resulted in an issuance to the reporting person of 10,202 shares of Common Stock.