Theodore Shasta - 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
-$71,615
Form type
4
Filing time
24 May 2021, 15:02:07 UTC
Previous filing
17 May 2021
Next filing
01 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 +1,083 +6.9% 16,821 20 May 2021 Direct F1
transaction CB Common Shares Tax liability $71,615 -431 -2.6% $166.16 16,390 20 May 2021 Direct F2
* 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.