SEC Form 4 · accession 0001127602-16-042171
TRAVELERS COMPANIES, INC. · TRV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay S Fishman
Officer — Exec. Chairman of the Board · Director
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 4:17 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 | Feb 16, 2016 | M | 156,992 | $47.23 | A | 531,315 | D | |
| Common StockF2 | Feb 16, 2016 | S | 151,292 | $107.131 | D | 380,023 | D | |
| Common StockF3 | Feb 16, 2016 | S | 5,700 | $107.918 | D | 374,323 | D | |
| Common Stock | Feb 16, 2016 | M | 131,855 | $39.19 | A | 506,178 | D | |
| Common StockF4 | Feb 16, 2016 | S | 127,255 | $107.133 | D | 378,923 | D | |
| Common StockF5 | Feb 16, 2016 | S | 4,600 | $107.941 | D | 374,323 | D | |
| Common Stock | holding | — | — | — | 1,405 | I | 401(k) Plan | |
| Common StockF6 | holding | — | — | — | 24,288 | I | In trusts for children |
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) | $47.23 | Feb 16, 2016 | M | 156,992 | D | Feb 5, 2011 | Feb 5, 2018 | Common Stock | 156,992 | 156,992 | D |
| Stock Options (Right to Buy) | $39.19 | Feb 16, 2016 | M | 131,855 | D | Feb 3, 2012 | Feb 3, 2019 | Common Stock | 131,855 | 131,856 | 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 Form 10-K filed on February 11, 2016 with the Securities and Exchange Commission.
- F2Represents the weighted average sales price for price increments ranging from $106.63 to $107.56. 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.
- F3Represents the weighted average sales price for price increments ranging from $107.64 to $108.18. 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.
- F4Represents the weighted average sales price for price increments ranging from $106.63 to $107.55. 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.
- F5Represents the weighted average sales price for price increments ranging from $107.65 to $108.22. 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.
- F6The Reporting Person disclaims beneficial ownership of these shares.