SEC Form 4 · accession 0001209191-18-012813
Chubb Ltd · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Juan C Andrade
Officer — Executive Vice President*
Period of report
Feb 21, 2018
Accepted (ET)
Feb 23, 2018 · 9:40 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 | Feb 21, 2018 | M | 9,373 | $73.35 | A | 110,195 | D | |
| Common SharesF1 | Feb 21, 2018 | S | 9,373 | $146.06 | D | 100,822 | D |
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 SharesF2,F3 | $73.35 | Feb 21, 2018 | M | 9,373 | D | — | Feb 23, 2022 | Common Shares | 9,373 | 72,857 | D |
Explanation of responses
- F1The Common Shares reported herein as being sold were sold at a range of between $146.00 and $146.13 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 stock options vested in equal installments on February 23, 2013, February 23, 2014 and February 23, 2015.
- F3All 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