SEC Form 4 · accession 0001181431-15-003617
Chubb Ltd · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Bennett Medini
Officer — Chief Accounting Officer
Period of report
Feb 26, 2015
Accepted (ET)
Mar 2, 2015 · 4:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000896159
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Feb 26, 2015 | A | 3,921 | $0.00 | D | 77,019 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Acquire Common SharesF2,F3 | $114.78 | Feb 26, 2015 | A | 5,226 | D | — | Feb 26, 2025 | Common Shares | 5,226 | 54,130 | D |
Explanation of responses
- F1Restricted stock award pursuant to ACE Limited 2004 Long-Term Incentive Plan (the "Plan"). Stock vests as follows: 1/4 on the first anniversary of the date of the award, 1/4 on the second anniversary of the date of the award, 1/4 on the third anniversary of the date of the award and 1/4 on the fourth anniversary of the date of the award.
- F2Option award pursuant to the Plan. Options vest as follows: 1/3 on the first anniversary date of the award, 1/3 on the second anniversary date of the award and 1/3 on the third anniversary date of the award.
- F3Total includes options from other tranches with different exercise prices, vesting dates and expiration dates.