SEC Form 4 · accession 0001209191-17-063713
Chubb Ltd · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Alan Boroughs
Officer — Executive Vice President*
Period of report
Dec 1, 2017
Accepted (ET)
Dec 5, 2017 · 9:36 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 Shares | Dec 1, 2017 | M | 18,611 | $50.37 | A | 201,165 | D | |
| Common SharesF2 | Dec 1, 2017 | S | 14,026 | $150.93 | D | 187,139 | D | |
| Common SharesF3 | Dec 1, 2017 | S | 4,485 | $152.08 | D | 182,654 | D | |
| Common SharesF4 | Dec 1, 2017 | S | 100 | $152.55 | D | 182,554 | D | |
| Common Shares | holding | — | — | — | 3,335 | I | Family Foundation |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Acquire Common SharesF5,F6 | $50.37 | Dec 1, 2017 | M | 18,611 | D | — | Feb 25, 2020 | Common Shares | 18,611 | 110,183 | 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 $150.40 and $151.30 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 $151.435 and $152.41 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.
- F4The sale price reported above has been rounded to the nearest cent.
- F5The stock options vested in equal installments on February 25, 2011, February 25, 2012 and February 25, 2013.
- F6All options of this tranche have been exercised. Total includes options from other tranches with different exercise prices, vesting dates and expiration dates.
Remarks
* & Chief Investment Officer, Chubb Group