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Chubb Ltd — Director's Dealing 2022
Feb 28, 2022
29852_dirs_2022-02-28_ac4f2140-e59c-408a-a264-71b63aa4d828.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: 2022-02-24
Reporting Person: RINGSTED SEAN (EVP, Chief Risk Officer and*)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-24 | Common Shares | A | 1979 | $0.00 | Acquired | 203201 | Direct |
| 2022-02-24 | Common Shares | A | 5936 | $0.00 | Acquired | 209137 | Direct |
| 2022-02-24 | Common Shares | A | 3858 | $0.00 | Acquired | 212995 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-24 | Options to Acquire Common Shares | $199.03 | A | 10551 | Acquired | 2032-02-24 | Common Shares (10551) | 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: 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.
F3: 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.
F4: 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.
F5: Total includes options from other tranches with different exercise prices, vesting and expiration dates.