SEC Form 4 · accession 0001127602-15-016281
TRAVELERS COMPANIES, INC. · TRV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Franklin Spence III
Officer — EVP & General Counsel
Period of report
May 1, 2015
Accepted (ET)
May 5, 2015 · 4:17 pm EDT
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 StockF1 | May 1, 2015 | M | 11,000 | $56.81 | A | 17,379 | D | |
| Common StockF2,F1 | May 1, 2015 | S | 11,000 | $101.559 | D | 6,379 | D | |
| Common Stock | holding | — | — | — | 2,835 | I | 401(k) Plan | |
| Common StockF1 | holding | — | — | — | 25,000 | I | In Trust |
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) | $56.81 | May 1, 2015 | M | 11,000 | D | Feb 1, 2014 | Feb 1, 2021 | Common Stock | 11,000 | 10,259 | D |
Explanation of responses
- F1Reflects the transfer of shares previously held directly by the Reporting Person to a trust. Such shares are now held indirectly.
- F2Represents the weighted average sales price for price increments ranging from $101.49 to $101.70. 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.