SEC Form 4 · accession 0001209191-16-110864
Chubb Ltd · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Keogh
Officer — Executive Vice Chairman*
Period of report
Mar 28, 2016
Accepted (ET)
Mar 29, 2016 · 10:51 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 28, 2016 | M | 5,562 | $54.08 | A | 268,634 | D | |
| Common SharesF2 | Mar 28, 2016 | S | 3,713 | $119.44 | D | 264,921 | D | |
| Common Shares | Mar 28, 2016 | M | 13,920 | $56.14 | A | 278,841 | D | |
| Common SharesF3 | Mar 28, 2016 | S | 12,139 | $119.29 | D | 266,702 | D | |
| Common Shares | holding | — | — | — | 18,325 | I | By Trust |
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 | $54.08 | Mar 28, 2016 | M | 5,562 | D | — | May 1, 2016 | Common Shares | 5,562 | 260,184 | D |
| Options to Acquire Common SharesF6,F5 | $56.14 | Mar 28, 2016 | M | 13,920 | D | — | Feb 28, 2017 | Common Shares | 13,920 | 246,264 | 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 $119.244 and $119.63 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 $118.98 and $119.63 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 May 1, 2007, May 1, 2008 and May 1, 2009.
- F5All options of this tranche have been exercised. Total includes options from other tranches with different exercise prices, vesting dates and expiration dates.
- F6The stock options vested in equal installments on February 28, 2008, February 28, 2009 and February 28, 2010.
Remarks
*& Chief Operating Officer, Chubb Limited