SEC Form 4 · accession 0001209191-16-103261
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 25, 2016
Accepted (ET)
Feb 29, 2016 · 1:17 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 25, 2016 | A | 7,074 | $0.00 | A | 84,134 | 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 | $118.39 | Feb 25, 2016 | A | 5,490 | A | — | Feb 25, 2026 | Common Shares | 5,490 | 54,770 | 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 of the first anniversary date of the award, 1/3 of the second anniversary date of the award and 1/3 of the third anniversary date of the award.
- F3Total includes options from other tranches with different exercise prices, vesting dates and expiration dates.