SEC Form 4 · accession 0001209191-18-031776
Chubb Ltd · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert M Hernandez
Director
Period of report
May 17, 2018
Accepted (ET)
May 21, 2018 · 3:41 pm 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 SharesF1,F2 | May 17, 2018 | A | 1,264 | — | A | 26,974 | D | |
| Common SharesF4 | May 17, 2018 | F | 307 | $134.45 | D | 27,145 | D | |
| Common SharesF2 | holding | — | — | — | 61,424 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock award granted as director fees under a Chubb Limited long-term incentive plan (the "Plan"), which meets the requirements of Rule 16b-3. Such restricted stock will vest on the day of the next annual Chubb Limited shareholders meeting, assuming the reporting person is a director of Chubb Limited on such date.
- F2Total includes 961 Common Shares transferred from the reporting person's direct ownership to the reporting person's indirect ownership.
- F3Common Shares being withheld in order to pay tax liability.
- F4Total includes 478.13 shares credited at various times between July 2017 and April 2018 to the reporting person's deferred stock account pursuant to the dividend investment provisions of the Plan which meets the requirements of Rule 16b-3.