Paul J. Krump - May 6, 2021 Form 4 Insider Report for Chubb Ltd (CB)

Role
Vice Chairman, Chubb Group*
Signature
/s/ Samantha Froud, Attorney-in-Fact
Stock symbol
CB
Transactions as of
May 6, 2021
Transactions value $
-$945,555
Form type
4
Date filed
5/10/2021, 10:09 AM
Next filing
May 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CB Common Shares Options Exercise $717K +5.16K +4.54% $139.01 119K May 6, 2021 Direct
transaction CB Common Shares Sale -$888K -5.16K -4.34% $172.25 114K May 6, 2021 Direct F1
transaction CB Common Shares Options Exercise $1.5M +10.5K +9.25% $143.07 124K May 6, 2021 Direct
transaction CB Common Shares Sale -$1.69M -9.8K -7.9% $172.16 114K May 6, 2021 Direct F1, F2
transaction CB Common Shares Options Exercise $1.58M +11.8K +10.36% $133.90 126K May 6, 2021 Direct
transaction CB Common Shares Sale -$2.04M -11.8K -9.39% $172.01 114K May 6, 2021 Direct F1, F3
transaction CB Common Shares Options Exercise $950K +6.33K +5.54% $150.11 121K May 6, 2021 Direct
transaction CB Common Shares Sale -$1.09M -6.33K -5.25% $171.89 114K May 6, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CB Options to Acquire Common Shares Options Exercise $0 -5.16K -7.4% $0.00 64.5K May 6, 2021 Common Shares 5.16K $139.01 Direct F4, F5
transaction CB Options to Acquire Common Shares Options Exercise $0 -10.5K -16.28% $0.00 54K May 6, 2021 Common Shares 10.5K $143.07 Direct F5, F6
transaction CB Options to Acquire Common Shares Options Exercise $0 -11.8K -21.91% $0.00 42.2K May 6, 2021 Common Shares 11.8K $133.90 Direct F7, F8
transaction CB Options to Acquire Common Shares Options Exercise $0 -6.33K -15.01% $0.00 35.9K May 6, 2021 Common Shares 6.33K $150.11 Direct F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 $172.13 and $172.17 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 $171.95 and $172.16 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 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. There are no remaining options from this tranche.
F6 The stock options vested in equal installments on February 22, 2019, February 22, 2020 and February 22, 2021.
F7 The stock options in this tranche vested or will vest in equal installments on February 28, 2020, February 28, 2021 and February 28, 2022.
F8 Total includes options from other tranches with different exercise prices, vesting and expiration dates.
F9 The stock options in this tranche vested or will vest in equal installments on February 27, 2021, February 27, 2022 and February 27, 2023.
F10 Total includes options from other tranches with different exercise prices, vesting and expiration dates.

Remarks:

*Global Underwriting and Claims