SEC Form 4 · accession 0001209191-16-103853
Chubb Ltd · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul J Krump
Officer — Executive Vice President*
Period of report
Feb 27, 2016
Accepted (ET)
Mar 1, 2016 · 3:34 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 27, 2016 | M | 6,624 | $0.00 | A | 45,148 | D | |
| Common SharesF2 | Feb 27, 2016 | F | 2,261 | $118.67 | D | 42,887 | D | |
| Common Shares | holding | — | — | — | 4,393 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1 | $0.00 | Feb 27, 2016 | M | 6,624 | D | — | — | Common Shares | 6,624 | 19,115 | D |
Explanation of responses
- F1Reflects Restricted Stock Units which cliff vested on February 27, 2016. Restricted Stock Units convert into Common Shares on a one-for-one basis.
- F2Common Shares withheld to pay tax liability.
- F3All Restricted Stock Units of this tranche have vested. Total includes Restricted Stock Units from other tranches with different vesting dates.
Remarks
*of Chubb Group and President of North America Commercial and Personal Insurance