Per Power Paul J. Krump - 06 May 2021 Form 4 Insider Report for Chubb Ltd (CB)

Role
Vice Chairman, Chubb Group*
Signature
/s/ Samantha Froud, Attorney-in-Fact
Issuer symbol
CB
Transactions as of
06 May 2021
Net transactions value
-$945,555
Form type
4
Filing time
10 May 2021, 10:09:01 UTC
Next filing
21 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CB Common Shares Options Exercise $716,875 +5,157 +4.5% $139.01 118,702 06 May 2021 Direct
transaction CB Common Shares Sale $888,293 -5,157 -4.3% $172.25 113,545 06 May 2021 Direct F1
transaction CB Common Shares Options Exercise $1,502,521 +10,502 +9.2% $143.07 124,047 06 May 2021 Direct
transaction CB Common Shares Sale $1,687,857 -9,804 -7.9% $172.16 114,243 06 May 2021 Direct F1, F2
transaction CB Common Shares Options Exercise $1,584,439 +11,833 +10% $133.90 126,076 06 May 2021 Direct
transaction CB Common Shares Sale $2,035,394 -11,833 -9.4% $172.01 114,243 06 May 2021 Direct F1, F3
transaction CB Common Shares Options Exercise $950,046 +6,329 +5.5% $150.11 120,572 06 May 2021 Direct
transaction CB Common Shares Sale $1,087,892 -6,329 -5.2% $171.89 114,243 06 May 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 -5,157 -7.4% $0.000000 64,514 06 May 2021 Common Shares 5,157 $139.01 Direct F4, F5
transaction CB Options to Acquire Common Shares Options Exercise $0 -10,502 -16% $0.000000 54,012 06 May 2021 Common Shares 10,502 $143.07 Direct F5, F6
transaction CB Options to Acquire Common Shares Options Exercise $0 -11,833 -22% $0.000000 42,179 06 May 2021 Common Shares 11,833 $133.90 Direct F7, F8
transaction CB Options to Acquire Common Shares Options Exercise $0 -6,329 -15% $0.000000 35,850 06 May 2021 Common Shares 6,329 $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