SEC Form 4 · accession 0001209191-17-016458

Chubb Ltd · CB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

John J Lupica

Officer — Vice Chrm, Chubb Limited*

Period of report

Feb 28, 2017

Accepted (ET)

Mar 2, 2017 · 3:14 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 Shares	Feb 28, 2017	F	1,263	$138.17	D	189,973	D
Common Shares	Mar 1, 2017	M	8,972	$60.28	A	198,945	D
Common Shares	Mar 1, 2017	M	11,663	$50.37	A	210,608	D
Common Shares	Mar 1, 2017	M	4,337	$62.64	A	214,945	D
Common Shares	Mar 1, 2017	M	1,576	$63.42	A	216,521	D
Common Shares^F3	Mar 1, 2017	S	8,972	$138.67	D	207,549	D
Common Shares^F4	Mar 1, 2017	S	11,663	$138.66	D	195,886	D
Common Shares^F5	Mar 1, 2017	S	4,337	$138.66	D	191,549	D
Common Shares	holding	—	—		—	35,700	I	By trust for wife

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 Shares^F7,F6	$60.28	Mar 1, 2017	M	8,972	D	—	Feb 27, 2018	Common Shares	8,972	163,133	D
Options to Acquire Common Shares^F9,F8	$50.37	Mar 1, 2017	M	11,663	D	—	Feb 25, 2020	Common Shares	11,663	151,470	D
Options to Acquire Common Shares^F11,F10	$63.42	Mar 1, 2017	M	1,576	D	—	Aug 11, 2021	Common Shares	1,576	149,894	D
Options to Acquire Common Shares^F13,F12	$62.64	Mar 1, 2017	M	4,337	D	—	Feb 24, 2021	Common Shares	4,337	145,557	D

Explanation of responses

F1Common Shares being withheld in order to pay tax liability.
F10The stock options vested on August 11, 2015.
F114,337 options of this tranche have not been exercised. Total also includes options from other tranches with different exercise prices, vesting dates and expiration dates.
F12The stock options vested in equal installments on February 24, 2012, February 24, 2013 and February 24, 2014.
F137,640 options of this tranche have not been exercised. Total also includes options from other tranches with different exercise prices, vesting dates and expiration dates.
F2Sale of Common Shares in connection with broker-assisted cashless exercise of options.
F3The Common Shares reported herein as being sold were sold at a range of between $138.06 and $139.04 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 Common Shares reported herein as being sold were sold at a range of between $138.0501 and $139.04 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 $138.11 and $139.04 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.
F71,658 options of this tranche have not been exercised. Total also includes options from other tranches with different exercise prices, vesting dates and expiration dates.
F8The stock options vested in equal installments on February 25, 2011, February 25, 2012 and February 25, 2013.
F91,985 options of this tranche have not been exercised. Total also includes options from other tranches with different exercise prices, vesting dates and expiration dates.

Remarks

*/Chubb Group and President, North America Major Accounts and Specialty Insurance