SEC Form 4 · accession 0001225208-15-022047
CHUBB CORP · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zoe Baird Budinger
Director
Period of report
Dec 9, 2015
Accepted (ET)
Dec 10, 2015 · 3:51 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 Shares | Dec 7, 2015 | G | 7,342 | $0.00 | D | 0 | D | |
| Common Shares | Dec 9, 2015 | M | 4,000 | $38.1575 | A | 4,000 | D | |
| Common Shares | Dec 9, 2015 | M | 4,000 | $32.45 | A | 8,000 | D | |
| Common Shares | Dec 9, 2015 | M | 4,000 | $32.00 | A | 12,000 | D | |
| Common Shares | Dec 9, 2015 | M | 4,000 | $30.0312 | A | 16,000 | D | |
| Common Shares | Dec 9, 2015 | M | 4,000 | $26.5075 | A | 20,000 | D | |
| Common Shares | Dec 7, 2015 | G | 7,342 | $0.00 | A | 17,094 | I | B&Z REV TR AND Z&B 2010 REV TR |
| Common SharesF1 | Dec 10, 2015 | S | 17,094 | $130.5252 | D | 0 | I | B&Z REV TR AND Z&B 2010 REV TR |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTION | $32.45 | Dec 9, 2015 | M | 4,000 | D | Apr 24, 2001 | Apr 21, 2030 | Common Shares | 4,000 | 0 | D |
| STOCK OPTION | $32.00 | Dec 9, 2015 | M | 4,000 | D | Apr 25, 2000 | Apr 21, 2030 | Common Shares | 4,000 | 0 | D |
| STOCK OPTIONF2 | $30.03 | Dec 9, 2015 | M | 4,000 | D | Apr 27, 1999 | Apr 21, 2030 | Common Shares | 4,000 | 0 | D |
| STOCK OPTIONF2 | $26.51 | Dec 9, 2015 | M | 4,000 | D | Apr 29, 2003 | Apr 21, 2030 | Common Shares | 4,000 | 0 | D |
| STOCK OPTION | $38.16 | Dec 9, 2015 | M | 4,000 | D | Apr 30, 2002 | Apr 21, 2030 | Common Shares | 4,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $130.45 to $130.63, inclusive. The reporting person undertakes to provide to The Chubb Corporation, any security holder of The Chubb Corporation, 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 ranges set forth in footnote (1) to this Form 4.
- F2All Stock Options are granted in tandem with tax withholding rights.
Remarks
Reflects adjustments made to reflect the transfer to ex-spouse on March 6, 2008 of 500 common shares previously and directly owned by reporting person, the transfer to ex-spouse on June 27, 2008 of 607 common shares previously and directly owned by reporting person, the transfer of 9,752 common shares previously and directly owned by reporting person into the B&Z 2010 REV TR and Z&B 2010 REV TRUST on July 7, 2011 and 122 common shares received from dividend reinvestment.