SEC Form 4 · accession 0001127602-16-052146
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
May 12, 2016
Accepted (ET)
May 13, 2016 · 2:40 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 | May 12, 2016 | M | 26,240 | $59.74 | A | 47,520 | D | |
| Common StockF2 | May 12, 2016 | S | 21,936 | $112.127 | D | 25,584 | D | |
| Common StockF3 | May 12, 2016 | S | 4,304 | $112.818 | D | 21,280 | D | |
| Common Stock | holding | — | — | — | 306 | 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) | $59.74 | May 12, 2016 | M | 26,240 | D | Feb 7, 2015 | Feb 7, 2022 | Common Stock | 26,240 | 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 $111.65 to $112.64. 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 $112.66 to $113.04. 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.