SEC Form 4 · accession 0001127602-16-050207
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
Apr 27, 2016
Accepted (ET)
Apr 28, 2016 · 4:21 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 | Apr 27, 2016 | M | 156,992 | $47.23 | A | 579,066 | D | |
| Common StockF2 | Apr 27, 2016 | S | 156,592 | $109.271 | D | 422,474 | D | |
| Common StockF3 | Apr 27, 2016 | S | 400 | $109.985 | D | 422,074 | D | |
| Common Stock | Apr 27, 2016 | M | 131,856 | $39.19 | A | 553,930 | D | |
| Common StockF4 | Apr 27, 2016 | S | 131,456 | $109.266 | D | 422,474 | D | |
| Common StockF5 | Apr 27, 2016 | S | 400 | $109.97 | D | 422,074 | D | |
| Common Stock | holding | — | — | — | 1,412 | 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 | Apr 27, 2016 | M | 156,992 | D | Feb 5, 2011 | Feb 5, 2018 | Common Stock | 156,992 | 0 | D |
| Stock Options (Right to Buy) | $39.19 | Apr 27, 2016 | M | 131,856 | D | Feb 3, 2012 | Feb 3, 2019 | Common Stock | 131,856 | 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-Q filed on April 21, 2016 with the Securities and Exchange Commission.
- F2Represents the weighted average sales price for price increments ranging from $108.88 to $109.85. 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 $109.98 to $109.99. 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 $108.90 to $109.89. 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 $109.90 to $110.00. 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.