Chubb Ltd — Director's Dealing 2019

Nov 4, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Chubb Ltd (CB)
CIK: 0000896159
Period of Report: 2019-10-31

Reporting Person: BOROUGHS TIMOTHY ALAN (Executive Vice President*)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-10-31	Common Shares	M	14060	$73.35	Acquired	185375	Direct
2019-10-31	Common Shares	S	12297	$151.17	Disposed	173078	Direct
2019-10-31	Common Shares	S	1763	$152.02	Disposed	167965	Direct
2019-10-31	Common Shares	S	1725	$151.75	Disposed	4960	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-10-31	Options to Acquire	$73.35	M	14060	Disposed	2022-02-23	Common Shares (14060)	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 $151.00 and $151.905 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 $152.01 and $152.04 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: Total includes 3,350 Common Shares transferred from the reporting person's direct ownership to the reporting person's indirect ownership.

F5: The sale price reported above has been rounded to the nearest cent.

F6: The stock options vested in equal installments on February 23, 2013, February 23, 2014 and February 23, 2015.

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