SEC Form 4 · accession 0001209191-16-097156
Chubb Ltd · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip V Bancroft
Officer — Chief Financial Officer
Period of report
Feb 9, 2016
Accepted (ET)
Feb 10, 2016 · 8:38 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 | Feb 9, 2016 | M | 14,027 | $56.40 | A | 290,111 | D | |
| Common SharesF2 | Feb 9, 2016 | S | 6,320 | $109.46 | D | 283,791 | D | |
| Common SharesF3 | Feb 9, 2016 | S | 7,707 | $109.45 | D | 276,084 | 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 SharesF4,F5 | $56.40 | Feb 9, 2016 | M | 14,027 | D | — | Feb 22, 2016 | Common Shares | 14,027 | 167,882 | 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 $109.23 and $109.62 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 $109.27 and $109.62 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.