SEC Form 4/A · accession 0001209191-18-017149
Chubb Ltd · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Paul J Krump
Officer — Executive Vice President*
Period of report
Feb 23, 2018
Accepted (ET)
Mar 6, 2018 · 2:43 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 SharesF1,F2 | Feb 25, 2018 | M | 6,719 | $0.00 | A | 89,979 | D | |
| Common SharesF3 | Feb 25, 2018 | M | 20,156 | $0.00 | A | 110,135 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | Feb 25, 2018 | M | 6,719 | D | — | — | Common Shares | 6,719 | 5,134 | D |
| Performance Share UnitsF3 | $0.00 | Feb 25, 2018 | M | 20,156 | D | — | — | Common Shares | 20,156 | 15,404 | D |
Explanation of responses
- F1Reflects Restricted Stock Units which cliff vested on February 25, 2018. Restricted Stock Units convert into Common Shares on a one-for-one basis.
- F2On February 27, 2018, the reporting person filed a Form 4 reporting the withholding of shares to pay tax liability but due to an administrative error the vesting of the Restricted Stock Units and Performance Units and the related acquisition of common shares that triggered such liability were omitted.
- F3Reflects Performance Units which cliff vest on February 25, 2018. Performance Units convert into Common Shares on a one-for-one basis.