SEC Form 4 · accession 0001209191-19-012418
Chubb Ltd · CB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Bennett Medini
Officer — Chief Accounting Officer
Period of report
Feb 20, 2019
Accepted (ET)
Feb 22, 2019 · 10:55 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 20, 2019 | M | 7,310 | $38.51 | A | 95,101 | D | |
| Common SharesF2 | Feb 20, 2019 | S | 2,437 | $133.94 | D | 92,664 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Acquire Common SharesF4,F3 | $38.51 | Feb 20, 2019 | M | 7,310 | D | — | Feb 26, 2019 | Common Shares | 7,310 | 46,149 | 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 $133.935 and $134.013 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 26, 2010, February 26, 2011 and February 26, 2012.
- F4Total includes options from other tranches with different exercise prices, vesting dates and expiration dates. All options from this tranche have been exercised.