SEC Form 4 · accession 0001127602-15-005506
TRAVELERS COMPANIES, INC. · TRV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan D Schnitzer
Officer — Vice Chairman
Period of report
Feb 9, 2015
Accepted (ET)
Feb 11, 2015 · 4:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000086312
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Feb 9, 2015 | S | 11,000 | $105.717 | D | 82,000 | D | |
| Common Stock | Feb 9, 2015 | M | 121,560 | $53.82 | A | 203,560 | D | |
| Common StockF3 | Feb 9, 2015 | S | 121,560 | $105.709 | D | 82,000 | D | |
| Common StockF4 | holding | — | — | — | 93 | I | By Reporting Person As Custodian For Children | |
| Common StockF4 | holding | — | — | — | 11,857 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $53.82 | Feb 9, 2015 | M | 121,560 | D | Apr 23, 2011 | Apr 23, 2017 | Common Stock | 121,560 | 0 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were made pursuant to a trading plan entered into in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934 and previously disclosed in the Issuer's most recent Form 10-Q filed on October 21, 2014 with the Securities and Exchange Commission.
- F2Represents the weighted average sales price for price increments ranging from $105.25 to $106.03. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
- F3Represents the weighted average sales price for price increments ranging from $105.21 to $106.09. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
- F4The Reporting Person disclaims beneficial ownership of these securities.