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Chubb Ltd — Director's Dealing 2024
Mar 21, 2024
29852_dirs_2024-03-21_a4934e08-c0b1-464d-aa9b-b69f3933455d.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: 2024-03-19
Reporting Person: Lupica John J (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-19 | Common Shares | M | 25479 | $114.78 | Acquired | 165401.2 | Direct |
| 2024-03-19 | Common Shares | S | 23474 | $258.82 | Disposed | 141927.2 | Direct |
| 2024-03-19 | Common Shares | S | 2005 | $259.49 | Disposed | 139922.2 | Direct |
| 2024-03-19 | Common Shares | S | 3998 | $258.36 | Disposed | 135924.2 | Direct |
| 2024-03-19 | Common Shares | S | 4987 | $259.64 | Disposed | 130937.2 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-19 | Options to Acquire Common Shares | $114.78 | M | 25479 | Disposed | 2025-02-26 | Common Shares (25479) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 78700 | Indirect |
| Common Shares | 10000 | Indirect |
Footnotes
F1: These options were exercised and the resulting shares were sold in compliance with a qualified selling plan adopted by the reporting person pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
F2: The Common Shares reported herein as being sold were sold at a range of between $258.40 and $259.40 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 $259.41 and $259.69 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 Common Shares reported herein as being sold were sold at a range of between $258.21 and $258.41 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.
F5: The Common Shares reported herein as being sold were sold at a range of between $259.425 and $259.520 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.
F6: The options vested in equal installments on February 26, 2016, February 26, 2017 and February 26, 2018.
F7: There are 871 options remaining in this tranche. Total includes options from other tranches with different exercise prices, vesting and expiration dates.