SEC Form 4 · accession 0001127602-17-008242
TRAVELERS COMPANIES, INC. · TRV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William H Heyman
Officer — Vice Chairman & Chief Inv Off
Period of report
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 4:43 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 22, 2017 | A | 26,009 | $0.00 | A | 254,263 | D | |
| Common Stock | Feb 22, 2017 | F | 14,519 | $121.85 | D | 239,744 | D | |
| Common Stock | Feb 23, 2017 | M | 6,000 | $80.35 | A | 245,744 | D | |
| Common StockF2 | Feb 23, 2017 | S | 6,000 | $122.75 | D | 239,744 | D | |
| Common Stock | holding | — | — | — | 1,414 | I | 401(k) Plan | |
| Common StockF3 | holding | — | — | — | 2,256 | I | Held By Spouse | |
| Common StockF3 | holding | — | — | — | 250 | I | In Trust For Stepson |
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) | $80.35 | Feb 23, 2017 | M | 6,000 | D | Feb 4, 2017 | Feb 4, 2024 | Common Stock | 6,000 | 54,979 | D |
Explanation of responses
- F1Represents common stock paid out upon achievement of performance objectives contained in performance share rights granted in 2014.
- F2Represents the weighted average sales price for increments ranging from $122.50 to $123.00. 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.
- F3The Reporting Person disclaims beneficial ownership of these shares.