SEC Form 4 · accession 0001127602-15-020010
TRAVELERS COMPANIES, INC. · TRV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay S Benet
Officer — Vice Chairman and CFO
Period of report
Jun 5, 2015
Accepted (ET)
Jun 8, 2015 · 12:47 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 Stock | Jun 5, 2015 | M | 6,857 | $39.19 | A | 61,575 | D | |
| Common StockF2 | Jun 5, 2015 | S | 6,000 | $100.058 | D | 55,575 | D | |
| Common StockF3 | Jun 5, 2015 | S | 857 | $100.605 | D | 54,718 | D | |
| Common Stock | holding | — | — | — | 800 | I | 401(k) Plan | |
| Common Stock | holding | — | — | — | 10,717 | I | In Trusts |
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) | $39.19 | Jun 5, 2015 | M | 6,857 | D | Feb 3, 2012 | Feb 3, 2019 | Common Stock | 6,857 | 61,707 | D |
Explanation of responses
- F1The sale 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. In its Form 10-Q filed on April 23, 2015, the Issuer previously disclosed the potential for executive sales of common stock, including through Rule 10b5-1 trading plans.
- F2Represents the weighted average sales price for price increments ranging from $99.52 to $100.51. 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 $100.58 to $100.64. 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.