SEC Form 4 · accession 0001209191-17-048501
Chubb Ltd · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip V Bancroft
Officer — Executive Vice President*
Period of report
Aug 9, 2017
Accepted (ET)
Aug 11, 2017 · 9:46 am 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 | Aug 9, 2017 | M | 16,638 | $85.39 | A | 344,560 | D | |
| Common SharesF2 | Aug 9, 2017 | S | 7,124 | $148.86 | D | 337,436 | D | |
| Common SharesF3 | Aug 9, 2017 | S | 1,780 | $148.86 | D | 335,656 | D | |
| Common SharesF4 | Aug 9, 2017 | S | 7,734 | $148.86 | D | 327,922 | D | |
| Common Shares | Aug 9, 2017 | M | 13,548 | $73.35 | A | 341,470 | D | |
| Common SharesF5 | Aug 9, 2017 | S | 6,093 | $148.86 | D | 335,377 | D | |
| Common SharesF6 | Aug 9, 2017 | S | 5,964 | $148.86 | D | 329,413 | D | |
| Common SharesF7 | Aug 9, 2017 | S | 1,491 | $148.85 | D | 327,922 | D | |
| Common Shares | Aug 9, 2017 | M | 16,863 | $62.64 | A | 344,785 | D | |
| Common SharesF8 | Aug 9, 2017 | S | 7,634 | $148.86 | D | 337,151 | D | |
| Common SharesF9 | Aug 9, 2017 | S | 1,845 | $148.85 | D | 335,306 | D | |
| Common SharesF10 | Aug 9, 2017 | S | 7,384 | $148.86 | D | 327,922 | D |
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 SharesF12,F11 | $85.39 | Aug 9, 2017 | M | 16,638 | D | — | Feb 28, 2023 | Common Shares | 16,638 | 113,542 | D |
| Options to Acquire Common SharesF14,F13 | $73.35 | Aug 9, 2017 | M | 13,548 | D | — | Feb 23, 2022 | Common Shares | 13,548 | 99,994 | D |
| Options to Acquire Common SharesF16,F15 | $62.64 | Aug 9, 2017 | M | 16,863 | D | — | Feb 24, 2021 | Common Shares | 16,863 | 83,131 | D |
Explanation of responses
- F1Sale of Common Shares in connection with broker-assisted cashless exercise of options.
- F10The Common Shares reported herein as being sold were sold at a range of between $148.71 and $149.04 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.
- F11The stock options vested in equal installments on February 28, 2014, February 28, 2015 and February 28, 2016.
- F121,171 options of this tranche have not been exercised. Total also includes options from other tranches with different exercise prices, vesting dates and expiration dates.
- F13The stock options vested in equal installments on February 23, 2013, February 23, 2014 and February 23, 2015.
- F141,363 options of this tranche have not been exercised. Total also includes options from other tranches with different exercise prices, vesting dates and expiration dates.
- F15The stock options vested in equal installments on February 24, 2012, February 24, 2013 and February 24, 2014.
- F161,596 options of this tranche have not been exercised. Total also includes options from other tranches with different exercise prices, vesting dates and expiration dates.
- F2The Common Shares reported herein as being sold were sold at a range of between $148.74 and $149.00 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 Common Shares reported herein as being sold were sold at a range of between $148.71 and $148.95 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 $148.73 and $149.01 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 $148.74 and $148.98 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 Common Shares reported herein as being sold were sold at a range of between $148.71 and $149.00 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.
- F7The Common Shares reported herein as being sold were sold at a range of between $148.71 and $148.95 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.
- F8The Common Shares reported herein as being sold were sold at a range of between $148.71 and $149.02 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.
- F9The Common Shares reported herein as being sold were sold at a range of between $148.75 and $148.94 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.
Remarks
*and Chief Financial Officer