SEC Form 4 · accession 0001127602-15-025111
TRAVELERS COMPANIES, INC. · TRV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Doreen Spadorcia
Officer — Vice Chairman
Period of report
Aug 17, 2015
Accepted (ET)
Aug 18, 2015 · 2:25 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 | Aug 17, 2015 | M | 19,585 | $56.81 | A | 38,321 | D | |
| Common StockF2 | Aug 17, 2015 | S | 10,335 | $107.02 | D | 27,986 | D | |
| Common StockF3 | Aug 17, 2015 | S | 9,250 | $107.706 | D | 18,736 | D | |
| Common Stock | Aug 17, 2015 | S | 4,683 | $107.13 | D | 14,053 | D | |
| Common Stock | holding | — | — | — | 301 | I | 401(k) Plan |
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 | Aug 17, 2015 | M | 19,585 | D | Feb 1, 2014 | Feb 1, 2021 | Common Stock | 19,585 | 2,960 | 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 July 21, 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 $106.50 to $107.50. 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 $107.50 to $107.88. 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.