SEC Form 4 · accession 0001225208-15-022710

CHUBB CORP · CB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chairman, President and C.E.O. · Director

Period of report

Dec 17, 2015

Accepted (ET)

Dec 21, 2015 · 9:51 am 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^F1	Dec 17, 2015	M	110,492	$131.655	A	318,123	D
Common Shares	Dec 17, 2015	F	54,086	$131.655	D	264,037	D
Common Shares	holding	—	—		—	217	I	By ESOP
Common Shares	holding	—	—		—	80,000	I	By Family Owned LLC
Common Shares	holding	—	—		—	9,311	I	By Family Trust 1
Common Shares	holding	—	—		—	9,311	I	By Family Trust 2
Common Shares	holding	—	—		—	55,735	I	By GRAT 2014

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
RESTRICTED STOCK UNITS^F2,F3	$0.00	Dec 17, 2015	A	19,082	A	—	—	Common Shares	19,082	240,517	D

F1On 2/27/13, the reporting person received a target award of 76,891 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 1/1/13 through 12/31/15. On 12/17/2015, the performance multiplier for the Award was determined to be 143.70%, which resulted in an issuance to the reporting person of 110,492 shares of Common Stock.
F2Restricted Stock Units generally cliff vest on the third anniversary of the grant date.
F3N/A