SEC Form 4 · accession 0001209191-17-004713
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
Mar 10, 2016
Accepted (ET)
Jan 20, 2017 · 9:12 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 SharesF1 | Mar 10, 2016 | M | 2,471 | $0.00 | A | 62,348 | D | |
| Common SharesF2 | Mar 10, 2016 | F | 945 | $117.765 | D | 61,403 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF3,F1 | $0.00 | Mar 10, 2016 | M | 2,471 | D | — | — | Common Shares | 2,471 | 9,685 | D |
Explanation of responses
- F1Reflects Deferred Stock Units. The Reporting Person received one Common Share in settlement for each of the 2,471 Deferred Stock Units that vested on March 10, 2016. The remaining 9,685 Deferred Stock Units are fully vested, with each unit representing a contingent right to receive one Common Share following the Reporting Person's separation from service.
- F2Common Shares withheld to pay tax liability.
- F3Total excludes derivative securities of other types and other tranches, different vesting terms, performance periods and conditions, exercise terms and conditions, and expiration dates, as applicable.
Remarks
*of Chubb Group and President of North America Commercial and Personal Insurance