SEC Form 4 · accession 0001209191-15-076551
Chubb Ltd · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Lupica
Officer — Vice Chrm, ACE Limited,*
Period of report
Oct 21, 2015
Accepted (ET)
Oct 23, 2015 · 9:15 am EDT
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 Shares | Oct 21, 2015 | M | 8,017 | $56.40 | A | 138,124 | D | |
| Common SharesF2 | Oct 21, 2015 | S | 3,747 | $112.18 | D | 134,377 | D | |
| Common SharesF3 | Oct 21, 2015 | S | 4,270 | $113.12 | D | 130,107 | D | |
| Common SharesF4 | Oct 21, 2015 | S | 4,067 | $112.15 | D | 126,040 | D | |
| Common SharesF5 | Oct 21, 2015 | S | 7,914 | $113.14 | D | 118,126 | D | |
| Common Shares | holding | — | — | — | 35,700 | I | By trust for wife |
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 SharesF7,F6 | $56.40 | Oct 21, 2015 | M | 8,017 | D | — | Feb 22, 2016 | Common Shares | 8,017 | 143,716 | D |
Explanation of responses
- F1Sale of Common Shares in connection with broker-assisted cashless exercise of options.
- F2The Common Shares reported herein as being sold were sold at a range of between $112 and $112.71 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.
- F3The Common Shares reported herein as being sold were sold at a range of between $112.72 and $113.68 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.
- F4The Common Shares reported herein as being sold were sold at a range of between $112 and $112.65 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.
- F5The Common Shares reported herein as being sold were sold at a range of between $112.69 and $113.66 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.
- F6The stock options vested in equal installments on February 22, 2007, February 22, 2008 and February 22, 2009.
- F7All options of this tranche have been exercised. Total includes options from other tranches with different exercise prices, vesting dates and expiration dates.
Remarks
*Chairman, Insurance North America