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Chubb Ltd — Director's Dealing 2010
May 20, 2010
29852_dirs_2010-05-20_e3e77d11-bac5-440e-9e92-a2b2d7061da1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ACE Ltd (ACE)
CIK: 0000896159
Period of Report: 2010-05-18
Reporting Person: Cusumano Robert (General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-05-18 | Common Shares | A | 3325 | — | Acquired | 81148 | Direct |
| 2010-05-18 | Common Shares | F | 3125 | $52.75 | Disposed | 78912.84 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 2300 | Indirect |
Footnotes
F1: Represents a premium award pursuant to the ACE Limited 2004 Long-Term Incentive Plan. As disclosed in the Company's Current Report on Form 8-K dated February 28, 2006, the reporting person was entitled to a premium performance award equal to 100% of the number of actual shares earned from the target award granted on February 22, 2006 if the Company's cumulative performance over the four year performance period exceeded the peer group's 75th percentile. On May 18, 2010, the Compensation Committee determined that such performance measure had been met and the premium shares were issued.
F2: Common Shares being withheld in order to pay tax liability.
F3: Total includes 889.84 common shares purchased or received from dividend reinvestments at various times during 2006 and 2007 pursuant to the ACE Limited Employee Stock Purchase Plan which meets the requirements of Rule 16b-3.