SEC Form 4 · accession 0001127602-17-000596
TRAVELERS COMPANIES, INC. · TRV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Avrohom J. Kess
Officer — Vice Chmn & Chief Legal Off
Period of report
Dec 30, 2016
Accepted (ET)
Jan 4, 2017 · 4:13 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 StockF1 | Dec 30, 2016 | A | 24,506 | $0.00 | A | 24,506 | D |
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)F2 | $122.42 | Dec 30, 2016 | A | 30,358 | A | — | Dec 30, 2026 | Common Stock | 30,358 | 30,358 | D |
Explanation of responses
- F1These are restricted common stock units granted pursuant to the Company's Amended and Restated 2014 Stock Incentive Plan, which vest in three equal annual installments on December 30, 2017, 2018 and 2019. These units are subject to earlier vesting under certain circumstances.
- F2The options vest in three equal annual installments on December 30, 2017, 2018 and 2019. These options are subject to earlier vesting under certain circumstances.