Peter C. Enns - Jul 1, 2021 Form 3 Insider Report for Chubb Ltd (CB)

Signature
/s/ Samantha Froud, Attorney-in-fact
Stock symbol
CB
Transactions as of
Jul 1, 2021
Transactions value $
$0
Form type
3
Date filed
7/2/2021, 08:19 AM
Next filing
Feb 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CB Common Shares 26.1K Jul 1, 2021 Direct F1, F2, F3

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
holding CB Options to Acquire Jul 1, 2021 Common Shares 15.1K $158.99 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Included in the total are 13,587 shares of restricted stock granted pursuant to the Chubb Limited 2016 Long-Term Incentive Plan (the "Plan"). These shares vests in equal installments on April 1, 2022, April 1, 2023, April 1, 2024 and April 1, 2025.
F2 Included in the total are 5,787 shares of restricted stock granted pursuant to the Plan. These shares vests on April 1, 2024 subject to the satisfaction of certain service and performance based criteria.
F3 Included in the total are 3,762 shares of restricted stock granted pursuant to the Plan, representing a premium performance award with respect to the performance restricted stock awards. These shares vest on April 1, 2024 subject to the satisfaction of certain service and performance based criteria. These shares will not be entitled to vote until vested. Dividends on these shares shall be accumulated and distributed only when, and to the extent, that the shares have vested.
F4 Options awarded pursuant to the plan. Options vest in equal installments on April 1, 2022, April 1, 2023 and April 1, 2024.

Remarks:

*Chief Financial Officer