SEC Form 4 · accession 0001127602-15-032572
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
Nov 24, 2015
Accepted (ET)
Nov 25, 2015 · 2:32 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 Stock | Oct 26, 2015 | G | 720 | $0.00 | D | 53,998 | D | |
| Common Stock | Nov 24, 2015 | M | 75,121 | $51.09 | A | 129,119 | D | |
| Common StockF2 | Nov 24, 2015 | S | 74,242 | $115.338 | D | 54,877 | D | |
| Common StockF3 | Nov 24, 2015 | S | 879 | $115.726 | D | 53,998 | D | |
| Common Stock | holding | — | — | — | 809 | I | 401(k) Plan | |
| Common Stock | holding | — | — | — | 9,749 | 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) | $51.09 | Nov 24, 2015 | M | 75,121 | D | Feb 2, 2013 | Feb 2, 2020 | Common Stock | 75,121 | 0 | 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 October 20, 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 $114.72 to $115.71. 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 $115.72 to $115.74. 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.