SEC Form 4 · accession 0001225208-16-024356
CHUBB CORP · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence M Small
Director
Period of report
Jan 14, 2016
Accepted (ET)
Jan 19, 2016 · 4:13 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 | Jan 14, 2016 | D | 15,267 | $0.00 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTIONF2 | $52.25 | Jan 14, 2016 | D | 13,925 | D | Feb 1, 2007 | Apr 21, 2019 | Common Shares | 13,925 | 0 | D |
| STOCK OPTIONF2 | $38.78 | Jan 14, 2016 | D | 8,000 | D | Apr 28, 1998 | Apr 21, 2019 | Common Shares | 8,000 | 0 | D |
| STOCK OPTIONF2 | $38.16 | Jan 14, 2016 | D | 8,000 | D | Apr 30, 2002 | Apr 21, 2019 | Common Shares | 8,000 | 0 | D |
| STOCK UNITS DEFERREDF3 | — | Jan 14, 2016 | D | 1,916 | D | — | — | Common Shares | 1,916 | 0 | D |
| STOCK UNITS DEFERREDF3 | $0.00 | Jan 14, 2016 | D | 10,278 | D | — | — | Common Shares | 10,278 | 0 | D |
Explanation of responses
- F1Common stock disposed of pursuant to the Agreement and Plan of Merger, dated as of June 30, 2015, by and among ACE Limited ("ACE"), William Investment Holdings Corporation and The Chubb Corporation ("Merger Agreement"), in exchange for $62.93 per share in cash and 0.6019 shares of ACE stock per share.
- F2Pursuant to the Merger Agreement, stock options are assumed by ACE and converted into stock options relating to the number of ACE common shares determined in accordance with the adjustment mechanism set forth in the Merger Agreement. Stock options are granted in tandem with tax withholding rights.
- F3Pursuant to the Merger Agreement, stock units deferred are assumed by ACE and converted into stock units deferred relating to the number of ACE common shares determined in accordance with the adjustment mechanism set forth in the Merger Agreement. Stock units deferred represent vested shares of stock for which receipt was voluntarily or mandatorily deferred, as applicable. One stock unit is the equivalent of one share of common stock.