ROBERT W. SCULLY - 20 May 2021 Form 4 Insider Report for Chubb Ltd (CB)

Role
Director
Signature
/s/ Samantha Froud, Attorney-in-fact
Issuer symbol
CB
Transactions as of
20 May 2021
Net transactions value
-$135,088
Form type
4
Filing time
24 May 2021, 14:36:41 UTC
Next filing
25 Jun 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 Award +2,047 +8.8% 25,437 20 May 2021 Direct F1
transaction CB Common Shares Tax liability $135,088 -813 -3.2% $166.16 24,624 20 May 2021 Direct F2
holding CB Common Shares 17,450 20 May 2021 By Robert W Scully 2015 Revocable Trust
holding CB Common Shares 2,775 20 May 2021 By Daughter F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock award granted as director fees under a Chubb Limited long-term incentive plan (the "Plan"), which meets the requirements of Rule 16b-3. Such restricted stock will vest on the day of the next annual Chubb Limited shareholders meeting, assuming the reporting person is a director of Chubb Limited on such date.
F2 Common Shares being withheld in order to pay tax liability.
F3 The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.