SEC Form 4 · accession 0001209191-16-109642
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
Mar 18, 2016
Accepted (ET)
Mar 21, 2016 · 10:08 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 | Mar 18, 2016 | M | 5,570 | $56.14 | A | 88,249 | D | |
| Common SharesF2 | Mar 18, 2016 | S | 3,633 | $121.31 | D | 84,616 | 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 SharesF3,F4 | $56.14 | Mar 18, 2016 | M | 5,570 | D | — | Feb 28, 2017 | Common Shares | 5,570 | 49,200 | 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 $121.25 and $121.39 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 stock options vested in equal installments on February 28, 2008, February 28, 2009 and February 28, 2010.
- F4All options of this tranche have been exercised. Total includes options from other tranches with different exercise prices, vesting dates and expiration dates.