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Chubb Ltd — Director's Dealing 2016
Mar 15, 2016
29852_dirs_2016-03-15_aa6333eb-8e86-45d1-a5ff-3869b74a4405.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: Chubb Ltd (CB)
CIK: 0000896159
Period of Report: 2016-03-01
Reporting Person: KRUMP PAUL J (Executive Vice President*)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-01 | Common Shares | A | 8495 | $0.00 | Acquired | 51382 | Direct |
| 2016-03-01 | Common Shares | A | 8495 | $0.00 | Acquired | 59877 | Direct |
Footnotes
F1: Restricted stock award pursuant to the ACE Limited 2004 Long-Term Incentive Plan (the "Plan"). Stock vests as follows: 1/4 on the first anniversary of the date of the award, 1/4 on the second anniversary of the date of the award, 1/4 on the third anniversary of the date of the award and 1/4 on the fourth anniversary of the date of the award subject to the satisfaction of certain service and performance based criteria. Stock that does not become vested on a specified vesting date may become vested on a subsequent vesting date subject to the satisfaction of certain service and performance based criteria assessed as of such subsequent vesting date. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested. The footnote in the Reporting Person's original Form 4 relating to this restricted stock award incorrectly omitted the performance based criteria of the restricted stock award.
F2: Restricted stock award pursuant to the Plan, representing a premium performance award with respect to the performance restricted stock awards described above. Stock vests on the fourth anniversary of the date of the award, subject to the satisfaction of certain service and performance based criteria. Shares will not be entitled to vote until vested. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested. This award was omitted from the Reporting Person's original Form 4.