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Chubb Ltd Director's Dealing 2022

Feb 28, 2022

29852_dirs_2022-02-28_55f33fbd-a35c-4808-9c53-e04f5e4258d8.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: GREENBERG EVAN G (Director, Chairman & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-02-24 Common Shares A 58409 $0.00 Acquired 736895 Direct
2022-02-24 Common Shares A 37966 $0.00 Acquired 774861 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 77874 Acquired 2032-02-24 Common Shares (77874) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Shares 23321 Indirect
Common Shares 48764 Indirect

Footnotes

F1: Restricted stock award pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (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.

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 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.

F3: 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.

F4: Total includes options from other tranches with different exercise prices, vesting and expiration dates.