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Chubb Ltd Director's Dealing 2019

Nov 18, 2019

29852_dirs_2019-11-18_5770df2c-4a8b-4290-9e2e-bbc82f13d686.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: 2019-11-14

Reporting Person: KRUMP PAUL J (Executive Vice President*)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-11-14 Common Shares M 11750 $139.01 Acquired 124615 Direct
2019-11-14 Common Shares S 10312 $151.99 Disposed 114303 Direct
2019-11-14 Common Shares M 5251 $143.07 Acquired 119554 Direct
2019-11-14 Common Shares S 5251 $152.23 Disposed 114303 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-11-14 Options to Acquire $139.01 M 11750 Disposed 2027-02-23 Common Shares (11750) Direct
2019-11-14 Options to Acquire $143.07 M 5251 Disposed 2028-02-22 Common Shares (5251) Direct

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 $151.81 and $152.20 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. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such price range.

F3: The Common Shares reported herein as being sold were sold at a range of between $151.84 and $152.59 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. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such price range.

F4: The stock options vested or will vest in equal installments on February 23, 2018, February 23, 2019 and February 23, 2020.

F5: Total includes options from other tranches with different exercise prices, vesting and expiration dates. The number of options remaining in this tranche is 5,876.

F6: The stock options vested or will vest in equal installments on February 22, 2019, February 22, 2020 and February 22, 2021.

F7: Total includes options from other tranches with different exercise prices, vesting and expiration dates. The number of options remaining in this tranche is 10,502.