SEC Form 4 · accession 0001127602-16-055510
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
Jun 13, 2016
Accepted (ET)
Jun 14, 2016 · 4:35 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 | Jun 13, 2016 | M | 5,797 | $56.81 | A | 71,352 | D | |
| Common StockF2 | Jun 13, 2016 | S | 5,797 | $113.909 | D | 65,555 | D | |
| Common Stock | holding | — | — | — | 825 | I | 401(k) Plan | |
| Common Stock | holding | — | — | — | 8,190 | 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) | $56.81 | Jun 13, 2016 | M | 5,797 | D | Feb 1, 2014 | Feb 1, 2021 | Common Stock | 5,797 | 57,981 | D |
Explanation of responses
- F1This transaction was 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 on April 21, 2016, 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 $113.75 to $113.97. 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.