SEC Form 4 · accession 0001209191-17-040734
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
Jun 15, 2017
Accepted (ET)
Jun 19, 2017 · 12:08 pm 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 | Jun 15, 2017 | M | 19,082 | $60.28 | A | 256,860 | D | |
| Common SharesF1 | Jun 15, 2017 | S | 19,082 | $147.26 | D | 237,778 | D | |
| Common Shares | Jun 15, 2017 | M | 21,686 | $62.64 | A | 259,464 | D | |
| Common SharesF2 | Jun 15, 2017 | S | 21,686 | $147.26 | D | 237,778 | D | |
| Common Shares | Jun 15, 2017 | M | 764 | $62.64 | A | 238,542 | D | |
| Common SharesF3 | Jun 15, 2017 | F | 326 | $146.83 | D | 238,216 | D | |
| Common Shares | Jun 15, 2017 | M | 1,662 | $62.64 | A | 239,878 | D | |
| Common SharesF4 | Jun 15, 2017 | S | 1,662 | $146.84 | D | 238,216 | D | |
| Common Shares | Jun 15, 2017 | M | 832 | $62.64 | A | 239,048 | D | |
| Common SharesF3 | Jun 15, 2017 | F | 506 | $146.83 | D | 238,542 | D | |
| Common Shares | Jun 15, 2017 | M | 5,815 | $63.42 | A | 244,357 | D | |
| Common SharesF5 | Jun 15, 2017 | S | 5,815 | $147.26 | D | 238,542 | D | |
| Common Shares | Jun 15, 2017 | M | 837 | $63.42 | A | 239,379 | D | |
| Common SharesF3 | Jun 15, 2017 | F | 362 | $146.82 | D | 239,017 | D | |
| Common Shares | Jun 15, 2017 | M | 739 | $63.42 | A | 239,756 | D | |
| Common SharesF3 | Jun 15, 2017 | F | 453 | $146.82 | D | 239,303 | D | |
| Common Shares | holding | — | — | — | 50,448 | 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 | Jun 15, 2017 | M | 19,082 | D | — | Feb 27, 2018 | Common Shares | 19,082 | 216,592 | D |
| Options to Acquire Common SharesF7,F8 | $62.64 | Jun 15, 2017 | M | 21,686 | D | — | Feb 24, 2021 | Common Shares | 21,686 | 194,906 | D |
| Options to Acquire Common SharesF7,F8 | $62.64 | Jun 15, 2017 | M | 764 | D | — | Feb 24, 2021 | Common Shares | 764 | 194,142 | D |
| Options to Acquire Common SharesF7,F8 | $62.64 | Jun 15, 2017 | M | 1,662 | D | — | Feb 24, 2021 | Common Shares | 1,662 | 192,480 | D |
| Options to Acquire Common SharesF7,F8 | $62.64 | Jun 15, 2017 | M | 832 | D | — | Feb 24, 2021 | Common Shares | 832 | 191,648 | D |
| Options to Acquire Common SharesF7,F9 | $63.42 | Jun 15, 2017 | M | 5,815 | D | — | Aug 11, 2021 | Common Shares | 5,815 | 185,833 | D |
| Options to Acquire Common SharesF7,F9 | $63.42 | Jun 15, 2017 | M | 837 | D | — | Aug 11, 2021 | Common Shares | 837 | 184,996 | D |
| Options to Acquire Common SharesF7,F9 | $63.42 | Jun 15, 2017 | M | 739 | D | — | Aug 11, 2021 | Common Shares | 739 | 184,257 | D |
Explanation of responses
- F1The Common Shares reported herein as being sold were sold at a range of between $146.81 and $147.49 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.
- F2The Common Shares reported herein as being sold were sold at a range of between $146.82 and $147.52 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.
- 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 $146.805 and $146.90 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 $146.82 and $147.49 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 24, 2012, February 24, 2013, and February 24, 2014.
- F9The stock options vested in equal installments on August 11, 2012, August 11, 2013, and August 11, 2014.
Remarks
*and Chief Operating Officer Chubb Limited/Chubb Group