Chubb Ltd — Director's Dealing 2016

Nov 23, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Chubb Ltd (CB)
CIK: 0000896159
Period of Report: 2016-11-21

Reporting Person: Keogh John W (Executive Vice Chairman*)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-21	Common Shares	S	18313	$126.74	Disposed	204704	Direct
2016-11-22	Common Shares	M	1658	$60.28	Acquired	206362	Direct
2016-11-22	Common Shares	F	793	$126.16	Disposed	205569	Direct
2016-11-22	Common Shares	M	2596	$38.51	Acquired	208165	Direct
2016-11-22	Common Shares	F	793	$126.11	Disposed	207372	Direct
2016-11-22	Common Shares	M	1985	$50.37	Acquired	209357	Direct
2016-11-22	Common Shares	F	793	$126.11	Disposed	208564	Direct
2016-11-22	Common Shares	M	6601	$38.51	Acquired	215165	Direct
2016-11-22	Common Shares	S	6601	$126.09	Disposed	208564	Direct
2016-11-22	Common Shares	M	29045	$50.37	Acquired	237609	Direct
2016-11-22	Common Shares	S	29045	$126.39	Disposed	208564	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-22	Options to Acquire Common Shares	$60.28	M	1658	Disposed	2018-02-27	Common Shares (1658)	Direct
2016-11-22	Common Shares	$38.51	M	2596	Disposed	2019-02-26	Common Shares (2596)	Direct
2016-11-22	Common Shares	$50.37	M	1985	Disposed	2020-02-25	Common Shares (1985)	Direct
2016-11-22	Common Shares	$38.51	M	6601	Disposed	2019-02-26	Common Shares (6601)	Direct
2016-11-22	Common Shares	$50.37	M	29045	Disposed	2020-02-25	Common Shares (29045)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	56098	Indirect

Footnotes

F1: The Common Shares reported herein as being sold were sold at a range of between $126.41 and $127.07 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.

F2: Includes 37,773 shares previously held directly which were transferred to the reporting person's trust and are now owned indirectly.

F3: Represents the payment of the exercise price and withholding taxes of an employee stock option through the attestation of previously owned shares. The price is equal to the fair market value of the Common Shares on the date of exercise and is used to determine the value of the shares delivered to the Company by attestation of previously owned shares in payment of the exercise price and withholding taxes.

F4: The Common Shares reported herein as being sold were sold at a range of between $126.06 and $126.17 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 Common Shares reported herein as being sold were sold at a range of between $126.05 and $126.54 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.

F6: The stock options vested in equal installments on February 27, 2009, February 27, 2010, and February 27, 2011.

F7: All options of this tranche have been exercised. Total includes options from other tranches with different exercise prices, vesting dates and expiration dates.

F8: The stock options vested in equal installments on February 26, 2010, February 26 2011 and February 26 2012

F9: The stock options vested in equal installments on February 25, 2011, February 25, 2012, and February 27, 2013.