SEC Form 4 · accession 0001209191-16-151937
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
Nov 21, 2016
Accepted (ET)
Nov 23, 2016 · 3:04 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,F2 | Nov 21, 2016 | S | 18,313 | $126.74 | D | 204,704 | D | |
| Common Shares | Nov 22, 2016 | M | 1,658 | $60.28 | A | 206,362 | D | |
| Common SharesF3 | Nov 22, 2016 | F | 793 | $126.16 | D | 205,569 | D | |
| Common Shares | Nov 22, 2016 | M | 2,596 | $38.51 | A | 208,165 | D | |
| Common SharesF3 | Nov 22, 2016 | F | 793 | $126.11 | D | 207,372 | D | |
| Common Shares | Nov 22, 2016 | M | 1,985 | $50.37 | A | 209,357 | D | |
| Common SharesF3 | Nov 22, 2016 | F | 793 | $126.11 | D | 208,564 | D | |
| Common Shares | Nov 22, 2016 | M | 6,601 | $38.51 | A | 215,165 | D | |
| Common SharesF4 | Nov 22, 2016 | S | 6,601 | $126.09 | D | 208,564 | D | |
| Common Shares | Nov 22, 2016 | M | 29,045 | $50.37 | A | 237,609 | D | |
| Common SharesF5 | Nov 22, 2016 | S | 29,045 | $126.39 | D | 208,564 | D | |
| Common SharesF2 | holding | — | — | — | 56,098 | 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 SharesF7,F6 | $60.28 | Nov 22, 2016 | M | 1,658 | D | — | Feb 27, 2018 | Common Shares | 1,658 | 244,606 | D |
| Common SharesF7,F8 | $38.51 | Nov 22, 2016 | M | 2,596 | D | — | Feb 26, 2019 | Common Shares | 2,596 | 242,010 | D |
| Common SharesF7,F9 | $50.37 | Nov 22, 2016 | M | 1,985 | D | — | Feb 25, 2020 | Common Shares | 1,985 | 240,025 | D |
| Common SharesF7,F8 | $38.51 | Nov 22, 2016 | M | 6,601 | D | — | Feb 26, 2019 | Common Shares | 6,601 | 233,424 | D |
| Common SharesF7,F9 | $50.37 | Nov 22, 2016 | M | 29,045 | D | — | Feb 25, 2020 | Common Shares | 29,045 | 204,379 | D |
Explanation of responses
- F1The Common Shares reported herein as being sold were sold at a range of between $126.41 and $127.07 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.
- F2Includes 37,773 shares previously held directly which were transferred to the reporting person's trust and are now owned indirectly.
- F3Represents the payment of the exercise price and withholding taxes of an employee stock option through the attestation of previously owned shares. The price is equal to the fair market value of the Common Shares on the date of exercise and is used to determine the value of the shares delivered to the Company by attestation of previously owned shares in payment of the exercise price and withholding taxes.
- F4The Common Shares reported herein as being sold were sold at a range of between $126.06 and $126.17 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.
- F5The Common Shares reported herein as being sold were sold at a range of between $126.05 and $126.54 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.
- F6The stock options vested in equal installments on February 27, 2009, February 27, 2010, and February 27, 2011.
- F7All options of this tranche have been exercised. Total includes options from other tranches with different exercise prices, vesting dates and expiration dates.
- F8The stock options vested in equal installments on February 26, 2010, February 26 2011 and February 26 2012
- F9The stock options vested in equal installments on February 25, 2011, February 25, 2012, and February 27, 2013.
Remarks
*and Chief Operating Officer Chubb Limited/Chubb Group