SEC Form 4 · accession 0001209191-17-060559
Chubb Ltd · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sean Ringsted
Officer — EVP, Chief Risk Officer and*
Period of report
Nov 10, 2017
Accepted (ET)
Nov 14, 2017 · 2:15 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 | Nov 10, 2017 | M | 9,850 | $60.28 | A | 171,667 | D | |
| Common SharesF2 | Nov 10, 2017 | S | 9,850 | $151.40 | D | 161,817 | D | |
| Common Shares | Nov 10, 2017 | M | 13,880 | $38.51 | A | 175,697 | D | |
| Common SharesF3 | Nov 10, 2017 | S | 13,880 | $151.35 | D | 161,817 | D | |
| Common SharesF4 | Nov 10, 2017 | S | 5,000 | $151.52 | D | 156,817 | 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 SharesF6,F5 | $60.28 | Nov 10, 2017 | M | 9,850 | D | — | Feb 27, 2018 | Common Shares | 9,850 | 110,202 | D |
| Options to Acquire Common SharesF6,F7 | $38.51 | Nov 10, 2017 | M | 13,880 | D | — | Feb 26, 2019 | Common Shares | 13,880 | 96,322 | D |
Explanation of responses
- F1Sale 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 $151.30 and $151.41 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 $151.31 and $151.46 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 $151.50 and $151.56 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 stock options vested in equal installments on February 27, 2009, February 27, 2010 and February 27, 2011.
- F6All options of this tranche have been exercised. Total includes options from other tranches with different exercise prices, vesting dates and expiration dates.
- F7The stock options vested in equal installments on February 26, 2010, February 26, 2011 and February 26, 2012.
Remarks
*Chief Actuary