SEC Form 4 · accession 0001127602-16-042175
TRAVELERS COMPANIES, INC. · TRV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan D Schnitzer
Officer — Chief Executive Officer · Director
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 4:18 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 | 81,636 | $47.23 | A | 176,046 | D | |
| Common StockF2 | Feb 16, 2016 | S | 79,336 | $107.136 | D | 96,710 | D | |
| Common StockF3 | Feb 16, 2016 | S | 2,300 | $108.001 | D | 94,410 | D | |
| Common StockF4 | holding | — | — | — | 93 | I | By Reporting Person As Custodian For Children | |
| Common StockF4 | holding | — | — | — | 11,857 | I | By Spouse |
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 | 81,636 | D | Feb 5, 2011 | Feb 5, 2018 | Common Stock | 81,636 | 0 | 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 $107.55. 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 for all transactions reported on this Form 4.
- F3Represents the weighted average sales price for price increments ranging from $107.70 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 for all transactions reported on this Form 4.
- F4The Reporting Person disclaims beneficial ownership of these securities.