SEC Form 4 · accession 0001209191-18-063442
Chubb Ltd · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul J Krump
Officer — Executive Vice President*
Period of report
Dec 17, 2018
Accepted (ET)
Dec 19, 2018 · 2:48 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 Shares | Dec 17, 2018 | M | 15,404 | $0.00 | A | 124,492 | D | |
| Common Shares | Dec 17, 2018 | F | 8,103 | $127.63 | D | 116,389 | D | |
| Common Shares | Dec 17, 2018 | M | 5,134 | $0.00 | A | 121,523 | D | |
| Common Shares | Dec 17, 2018 | F | 2,781 | $127.63 | D | 118,742 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance UnitsF2 | $0.00 | Dec 17, 2018 | M | 15,404 | D | — | — | Common Shares | 15,404 | 0 | D |
| Restricted Stock UnitsF3 | $0.00 | Dec 17, 2018 | M | 5,134 | D | — | — | Common Shares | 5,134 | 0 | D |
Explanation of responses
- F1Common Shares being withheld in order to pay tax liability.
- F2Reflects Performance Units which cliff vested on December 17, 2018. Performance Units convert into Common Shares on a one-for-one basis.
- F3Reflects Restricted Stock Units which cliff vested on December 17, 2018. Restricted Stock Units convert into Common Shares on a one-for-one basis.
Remarks
*, Chubb Group & President, North America Commercial and Personal Insurance