SEC Form 4 · accession 0001209191-18-052024
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
Sep 20, 2018
Accepted (ET)
Sep 24, 2018 · 2:00 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 Shares | Sep 20, 2018 | M | 14,971 | $62.64 | A | 202,794 | D | |
| Common SharesF2 | Sep 20, 2018 | S | 14,971 | $139.37 | D | 187,823 | 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 SharesF3,F4 | $62.64 | Sep 20, 2018 | M | 14,971 | D | — | Feb 24, 2021 | Common Shares | 14,971 | 108,393 | 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 $139.04 and $139.63 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 stock options vested in equal installments on February 24, 2012, February 24, 2013 and February 24, 2014.
- F4All 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