SEC Form 4 · accession 0001127602-17-015512
TRAVELERS COMPANIES, INC. · TRV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Franklin Spence III
Officer — EVP & General Counsel
Period of report
Apr 24, 2017
Accepted (ET)
Apr 26, 2017 · 3:03 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 StockF1 | Apr 24, 2017 | M | 15,971 | $80.35 | A | 22,351 | D | |
| Common StockF2 | Apr 24, 2017 | S | 15,971 | $120.064 | D | 6,380 | D | |
| Common StockF1 | holding | — | — | — | 24,065 | I | In Trust | |
| Common StockF3 | holding | — | — | — | 935 | I | In Trust 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) | $80.35 | Apr 24, 2017 | M | 15,971 | D | Feb 4, 2017 | Feb 4, 2024 | Common Stock | 15,971 | 0 | D |
Explanation of responses
- F1Reflects the transfer of shares previously held directly by the Reporting Person. Such shares are now held indirectly.
- F2Represents the weighted average sales price for price increments ranging from $119.96 to $120.21. 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.