SEC Form 4 · accession 0001127602-17-021844
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 19, 2017
Accepted (ET)
Jun 20, 2017 · 12:40 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 | Jun 19, 2017 | M | 5,518 | $59.74 | A | 82,824 | D | |
| Common StockF2 | Jun 19, 2017 | S | 5,518 | $128.718 | D | 77,306 | D | |
| Common Stock | holding | — | — | — | 843 | I | 401(k) Plan | |
| Common Stock | holding | — | — | — | 7,079 | 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) | $59.74 | Jun 19, 2017 | M | 5,518 | D | Feb 7, 2015 | Feb 7, 2022 | Common Stock | 5,518 | 49,674 | 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. In its Form 10-Q filed on April 20, 2017, 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 $128.52 to 128.95. 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.