Chubb Ltd — Director's Dealing 2015

Sep 22, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACE Ltd (ACE)
CIK: 0000896159
Period of Report: 2015-09-18

Reporting Person: GREENBERG EVAN G (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-09-18	Common Shares	M	1773	$56.40	Acquired	1216214	Direct
2015-09-18	Common Shares	M	106827	$56.40	Acquired	1323041	Direct
2015-09-18	Common Shares	S	46734	$99.92	Disposed	1276307	Direct
2015-09-21	Common Shares	S	2620	$101.34	Disposed	1273687	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-09-18	Options to Acquire Common Shares	$56.40	M	106827	Disposed	2016-02-22	Common Shares (106827)	Direct
2015-09-18	Options to Acquire Common Shares	$56.40	M	1773	Disposed	2016-02-22	Common Share (1773)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	154	Indirect
Common Shares	60735	Indirect
Common Shares	60735	Indirect

Footnotes

F1: Sale of Common Shares in connection with broker-assisted cashless exercise of options.

F2: The Common Shares reported herein as being sold were sold at a range of between $99.7301 and $100.03 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.

F3: Sale of Common Shares in connection with the tax withholding for option exercise.

F4: The Common Shares reported herein as being sold were sold at a range of between $101.29 and $101.39 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.

F5: The stock options vested in equal installments on February 22, 2007, February 22, 2008 and February 22, 2009.

F6: All options of this tranche have been exercised. Total includes options from other tranches with different exercise prices, vesting dates and expiration dates.