SEC Form 4 · accession 0001209191-15-086501
Chubb Ltd · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sean Ringsted
Officer — Chief Risk Officer and*
Period of report
Dec 18, 2015
Accepted (ET)
Dec 22, 2015 · 9:30 am 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 Shares | Dec 18, 2015 | M | 6,800 | $56.40 | A | 142,413 | D | |
| Common SharesF2 | Dec 18, 2015 | S | 3,254 | $114.94 | D | 139,159 | D | |
| Common SharesF3 | Dec 18, 2015 | S | 3,546 | $114.88 | D | 135,613 | 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 SharesF5,F4 | $56.40 | Dec 18, 2015 | M | 6,800 | D | — | Feb 22, 2016 | Common Shares | 6,800 | 104,302 | 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 $114.80 and $115.00 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 $114.77 and $115.195 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 stock options vested in equal installments on February 22, 2007, February 22, 2008 and February 22, 2009.
- F5All options of this tranche have been exercised. Total includes options from other tranches with different exercise prices, vesting dates and expiration dates.
Remarks
*Chief Actuary