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Chubb Ltd — Director's Dealing 2018
Feb 26, 2018
29852_dirs_2018-02-26_52ae4073-a677-43fd-b1ba-880f6f932a76.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Chubb Ltd (CB)
CIK: 0000896159
Period of Report: 2018-02-22
Reporting Person: KRUMP PAUL J (Executive Vice President*)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-22 | Common Shares | A | 4726 | $0.00 | Acquired | 83760 | Direct |
| 2018-02-22 | Common Shares | A | 7090 | $0.00 | Acquired | 90850 | Direct |
| 2018-02-22 | Common Shares | A | 4609 | $0.00 | Acquired | 95459 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-22 | Options to Acquire Common Shares | $143.07 | A | 15753 | Acquired | 2028-02-22 | Common Shares (15753) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| ESOP Excess Benefit Plan Rights | $ | Common Shares (6220.685) | 6220.685 | Direct |
Footnotes
F1: Restricted stock award pursuant to Chubb Limited 2016 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.
F2: Total includes 171 shares purchased on 06/30/2017 pursuant to the Chubb Limited Employee Stock Purchase Plan, which meets the requirements of Rule 16b-3.
F3: Restricted stock award pursuant to the Plan. Stock vests on the third anniversary of the date of the award subject to the satisfaction of certain service and performance based criteria.
F4: 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 third 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.
F5: Option award pursuant to the Plan. Options vest as follows: 1/3 on the first anniversary of date of the award, 1/3 on the second anniversary of the date of the award and 1/3 on the third anniversary of the date of the award.
F6: Total excludes derivative securities of other types and other tranches, different vesting terms, performance periods and conditions, exercise terms and conditions, and expiration dates, as applicable.
F7: Each ESOP Excess Benefit Plan Right represents the right to receive one Common Share.
F8: The reported ESOP Excess Benefit Plan Rights were acquired under The Chubb Corporation ESOP Excess Benefits Plan and are to be settled upon the Reporting Person's separation from service.
F9: Includes 6,102.79 rights previously reported by the Reporting Person, and 117.895 rights that were subsequently credited pursuant to the dividend investment provisions of the excess benefits plan.