SEC Form 4 · accession 0001209191-16-155535
Chubb Ltd · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Evan G Greenberg
Officer — Chairman & CEO · Director
Period of report
Dec 14, 2016
Accepted (ET)
Dec 16, 2016 · 8:34 am 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 Shares | Dec 14, 2016 | M | 134,000 | $56.14 | A | 1,487,338 | D | |
| Common SharesF2 | Dec 14, 2016 | S | 132,219 | $132.97 | D | 1,355,119 | D | |
| Common Shares | holding | — | — | — | 64,551 | I | By Son's Trust | |
| Common Shares | holding | — | — | — | 64,551 | I | By Daughter's Trust | |
| Common Shares | holding | — | — | — | 155 | I | By Son |
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,F3 | $56.14 | Dec 14, 2016 | M | 134,000 | D | — | Feb 28, 2017 | Common Shares | 132,219 | 1,154,834 | D |
Explanation of responses
- F1Includes sale 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 $132.8872 and $133.2342 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.